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EMI Calculator

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Loan EMI Calculator

Calculate your monthly loan installment

Use our EMI calculator to estimate your monthly payments for any loan amount. Simply enter the loan amount, interest rate, and tenure to see your EMI, total interest payable, and total amount payable.

Your EMI Details

Monthly EMI ͅ0
Total Interest Payable ͅ0
Total Amount Payable ͅ0

Understanding EMI Calculation

The EMI (Equated Monthly Installment) is calculated using the standard reducing balance formula:

EMI = [P × R × (1+R)^N] / [(1+R)^N - 1]
  • P = Principal Loan Amount
  • R = Monthly Interest Rate (Annual Rate / 12 / 100)
  • N = Number of Monthly Installments (Tenure in months)

Interest is calculated on reducing balance method as per standard banking practice.

Ready to apply for a Loan?

Dhan Kalyan offers various loan products at competitive interest rates. Check our loan offerings below.

Interest Rates

  • Regular Loan: 15% p.a. (reducing)
  • Emergency Loan: 15% p.a. (reducing)
  • Loan Against Deposit: Deposit Rate + 2%
  • Loan Against Property: 14% p.a. (reducing)
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