Finance Calculators

Borrowing decisions in India are usually made on the monthly instalment alone, which is exactly what lenders prefer. The instalment can be made to look comfortable by stretching the tenure, and the total cost of doing so rarely appears on the quote.

These calculators show the total alongside the monthly figure, and the EMI calculator additionally reports the flat rate your reducing-balance rate is equivalent to — the single most useful comparison when a dealer or NBFC quotes a flat rate that sounds far cheaper than it is.

Every result here is an estimate. Lenders differ in rounding, in whether interest accrues daily or monthly, and in what fees they fold into the disbursement. Use these to compare offers on a consistent basis, then check the sanction letter for the exact figures.