Bank-wise EMI Calculator
Pick your bank, choose your loan type, and instantly see your monthly EMI, total interest, processing fee and full year-wise amortization — then compare the same loan across 56 public, private, small finance, foreign, regional rural and cooperative banks.
Select Your Bank & Loan Type
Every bank has its own rate card. Choose a lender and the product you want to price — the calculator loads that bank's rates automatically.
Tap any bank card to load its rate card into the calculator.
Quick Tips
- Home loans offer the lowest rates and longest tenure.
- Personal loans are unsecured — expect higher rates.
- LAP is cheaper than unsecured business loans.
- Gold loans are fast but short-tenure.
Calculate Your EMI
Move the sliders — EMI, interest, fee and totals update live.
Loan Details
Your EMI Result
LiveIndicative figures for planning only. Final rate, fee and sanction depend on the bank's appraisal, your credit profile and prevailing policy.
Year-wise Amortization
See exactly how much principal and interest you pay each year — and how much a small extra payment can save you.
Prepayment Impact
Add a little extra to every EMI and watch your interest bill drop.
| Year | Opening Balance | Principal Paid | Interest Paid | Total Paid | Closing Balance |
|---|
How Much Can You Borrow?
Enter your income, obligations and credit profile to see your affordable EMI and the maximum loan each bank may offer.
Your Profile
Eligibility Result
Bank-wise Maximum Loan
Eligibility is indicative. Banks apply their own FOIR, credit policy, collateral and internal scorecard norms before sanction.
Same Loan, Every Bank
Rates and EMIs below are calculated for your currently selected loan type, amount and tenure.
| Bank | Category | Rate (p.a.) | Monthly EMI | Processing Fee | Total Interest | Action |
|---|
* Rates are indicative starting rates and may vary with credit score, income profile, tenure, property location and RBI repo rate changes. EMIs shown assume the amount and tenure selected in the EMI Calculator tab.
Start Your Loan Application
One form for all 56 banks and every loan type. Our loan desk matches you to the best rate for your profile.
Loan Application Form
All fields marked with * are required.
Everything You Need in One Calculator
Designed for salaried professionals, business owners, farmers and first-time borrowers exploring bank funding.
Real-Time Results
Every slider move instantly updates EMI, interest, fee and totals — no page reloads, no waiting.
56-Bank Rate Cards
Each bank loads its own indicative rate, maximum amount, tenure and processing fee — exactly like the published rate card.
Full Amortization
Year-by-year breakdown of principal, interest and closing balance, plus a prepayment simulator.
Eligibility Check
Enter income, age and credit band to instantly see the maximum loan each bank may offer.
From Bank Pick to EMI in 4 Steps
Whether you're buying a home or funding a business, this is how to plan your loan.
Pick Your Bank
Choose from 56 public, private, SFB, foreign, RRB and cooperative banks.
Choose Loan Type
Home, Personal, Business, LAP, Car, Gold or Education — each with its own rate card.
Review the Numbers
See EMI, total interest, processing fee, amortization and total cost.
Apply with Confidence
Share the summary with our consultants and file with the right bank.
EMI Calculator — Common Questions
Quick answers about rates, EMIs, processing fees and eligibility.
Every EMI on this page uses the standard reducing-balance formula used by all banks: EMI = P × r × (1+r)n / ((1+r)n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 1200) and n is the number of monthly instalments.
Each bank has its own rate card for each product. When you change the bank or the loan type, the calculator automatically loads that bank's indicative starting rate, maximum amount and maximum tenure. You can still move the rate slider to test a different rate offered to you.
A moratorium is a holiday period right after disbursement during which no EMI is payable. Interest still accrues on the outstanding amount and is added to your loan principal at the end of the moratorium, which increases your EMI slightly but eases early cash flow. The calculator shows the exact interest cost of the moratorium you select.
No. The processing fee is a one-time charge deducted at disbursal, so it is shown separately. The calculator adds it (with 18% GST, if you keep the checkbox on) to give you the total cost of the loan — EMI payments plus the one-time fee.
Yes — a longer tenure lowers your monthly EMI but increases the total interest you pay over the life of the loan. Use the amortization tab to see the trade-off, and the prepayment slider to see how a small extra payment can cut both your tenure and your interest bill.
Generally the public sector banks — SBI, Bank of Maharashtra, Union Bank, PNB, Bank of Baroda and Canara Bank — offer the lowest home loan rates (from ~8.25% p.a.). On personal and business loans, private banks and foreign banks like HDFC, ICICI, Standard Chartered and HSBC are often competitive for strong credit profiles. Use the Compare Banks tab to see the cheapest option for your exact loan amount and tenure.
No. This calculator runs entirely in your browser. Nothing you type or slide is sent to any server, stored, or shared with third parties.
Need Help Choosing Between 56 Banks?
Share your requirement once and our multi-bank desk will match you with the lender most likely to say yes — at the lowest rate available for your profile.