An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month
Calculate EMI for your Loan
What is it about?
An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMI are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full.
App Store Description
An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMI are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full.
This EMI calculator helps you in planning your EMI before or while applying for a loan. It calculates the monthly EMI amount and also give a brief description about how much total amount(including interest) you will be paying.
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