Loan EMI Calculator
Plan your commercial vehicle, machinery or medical equipment purchase with an instant EMI estimate.
*Indicative calculation only. Actual EMI, interest rate, tenure and LTV are subject to lender policy and customer eligibility.
How is EMI calculated?
EMI = P × r × (1 + r)n / ((1 + r)n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the tenure in months.
A longer tenure lowers your EMI but increases the total interest paid. Talk to our experts to find the right balance between EMI and total cost for your business cash flow.
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