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This calculator computes the value of Equated Monthly Installments (EMI) for user specified values. Just enter the values for Rate of Interest, the Amount of Loan required, Tenure (in years) and specify whether you would like to use an Annual , Monthly or Daily Reducing balance for the calculations and click on the Calculate button. The Result will be displayed in the box named EMI.
LOAN DETAILS                              
Interest rate (%)
Amount of loan required
Tenure (in years)
Reducing balance based on



EMI (rs.)




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