Loan EMI Calculator & Amortization Engine

Calculate your exact monthly outgo, analyze total interest cost, and download complete year-by-year repayment schedules before applying.

Lowest Market ROI Today

8.35% p.a.

RBI Repo-Linked Benchmark

Interactive Financial Planner

Plan your monthly installments, total interest cost, and repayment schedule.

Required Loan Amount

₹

₹1 Lakh ₹50 Lakhs ₹10 Crores

Interest Rate (p.a.)

6.0% 12.0% 24.0%

Loan Tenure (Years)

1 Year 15 Years 30 Years

Daily Reducing Balance Method

Zero Prepayment Penalty on Floating Rates

Section 24(b) & 80C Tax Modeling

Multi-Bank Lowest ROI Sanction Guarantee

Monthly Equated Installment (EMI)

₹ 30,034

51.2%

Interest Ratio

Principal (₹ 35,00,000)

Interest (₹ 37,08,160)

Total Principal

₹ 35,00,000

Total Interest

₹ 37,08,160

Total Amount Payable: ₹ 72,08,160

Complete principal vs interest amortization trajectory across loan tenure

Schedule Period	Opening Balance	Total EMI Paid	Principal Paid	Interest Paid	Closing Balance

Bank Comparison Matrix

Latest Partner Bank Interest Rates (2026)

Compare leading national banks and NBFCs before submitting your application.

Lender Bank	Interest Rate Range	Processing Fee	Max Tenure	Action
State Bank of India (SBI)	8.40% – 9.05%	0.35% (Max ₹10,000)	30 Years	Check Offers
HDFC Bank	8.35% – 9.15%	0.50% (Max ₹15,000)	30 Years	Check Offers
ICICI Bank	8.45% – 9.20%	0.50% or ₹5,000	30 Years	Check Offers
Bank of Baroda	8.40% – 8.90%	Zero Processing Fee Offer	30 Years	Check Offers
Axis Bank	8.55% – 9.35%	0.50%	30 Years	Check Offers