Frequently Asked Questions (FAQs)

What is an EMI?

How is EMI calculated?

What factors affect my loan EMI?

Why should I use an EMI Calculator?

What types of loans can I calculate EMI for?

How can I reduce my EMI amount?

What is the impact of interest rates on EMI?

Does my CIBIL score affect my EMI?

Can I prepay my loan to reduce EMI?

What is a fixed vs floating interest rate for EMI?

How does loan tenure affect EMI?

Are processing fees included in EMI calculation?

Can I change my EMI amount after taking a loan?

What happens if I miss an EMI payment?

Can I use an EMI Calculator for multiple loan comparisons?

Is EMI calculation different for Home Loan and Car Loan?

How much EMI can I afford?

Is EMI the same every month?