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What EMI would a ₹15 lakh loan at 10% for 10 years cost?

A ₹15,00,000 loan at 10% over 10 years works out to an EMI of about ₹19,823, with total interest of ₹8,78,713.

10% p.a.
10 years
Loan amount: ₹15,00,000 (63%)Interest: ₹8,78,713 (37%)

What is an EMI calculator?

An EMI (Equated Monthly Installment) calculator computes the fixed monthly amount you repay on a loan, using the reducing-balance method — the standard method used by Indian banks and NBFCs for home, car, and personal loans.

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