₹
%
years
How it is worked out
EMI = P × r × (1 + r)n ÷ [(1 + r)n − 1], where P is the loan, r is the monthly rate (annual rate ÷ 12) and n is the number of months. It ignores processing fees and floating-rate changes.
Educational estimate only. It assumes a constant rate for the whole period; real returns and rates change. Nothing here is investment advice.