Adjust the three sliders and the figures update instantly. Nothing you enter here is stored or sent to us.
payable every month for the chosen tenure
Excludes processing fee, GST and insurance premium, if any.
How much of each year's payment goes to principal, how much to interest, and what remains outstanding.
| Period | Instalments | Principal Paid | Interest Paid | Total Paid | Closing Balance |
|---|
Figures are rounded to the nearest rupee, so the final row may differ marginally from your actual closing instalment.
As a rule of thumb, all your loan instalments together should stay below about 20 to 25 per cent of household monthly income, leaving room for a bad week.
A longer tenure lowers the monthly EMI but raises total interest sharply. Try both in the calculator above and compare the total repayable figure.
Two offers with the same EMI can differ by thousands in total cost. Always ask for the total amount repayable, in writing.
Never accept a loan without written terms. Your sanction letter and loan card should state the rate, every fee, the EMI and the number of instalments.
A flat rate of 12% can cost more than a reducing rate of 20%. Ours are reducing balance rates — confirm the basis before comparing with any other lender.
No genuine lender asks for a fee before sanction. If anyone demands cash in our name to "release" a loan, report it to us immediately.