Note:

All calculations shown in this tool are based on standard financial formulas used across the industry. However, the actual EMI, interest payable, and repayment schedule may differ depending on the specific terms and conditions set by banks, NBFCs, or lending institutions. Factors such as processing fees, insurance costs, late payment charges, prepayment rules, market-linked interest rate changes, and periodic interest revisions can influence your final loan structure. Additionally, lenders may use slightly adjusted rounding methods while computing EMI, which can result in minor differences compared to the figures shown here.

This calculator is designed purely for estimation, planning, and educational purposes. It helps you understand your approximate monthly repayment, total cost of borrowing, and how changes in tenure or interest rates affect your loan. While the results are highly accurate mathematically, they should not be treated as a final sanction or approval from any lender.

Before making any financial decision, always cross-verify the numbers with your bank, official loan documents, or a certified financial adviser. If you are comparing multiple lenders, check their updated rates, fees, and eligibility criteria, as these can change frequently based on market conditions. Use this tool as guidance, not confirmation.