Estimate EMI for a two-wheeler or car loan.
Enter your values below — results update instantly as you type.
EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P = loan amount, r = monthly rate, n = tenure in months.
If the loan rate is lower than what your savings would earn (after tax), take the loan and keep the money invested. Otherwise, paying cash saves more.