EMI Calculator

Disclaimer

Gajanan Bank does not guarantee the accuracy, completeness or correct sequence of any details given herein and hence the User should not place any reliance on the information/data generated herein or its completeness/accuracy for any purpose. Use of any information provided is entirely at the user's own risk. The User should exercise due care and caution (including obtaining advice from tax/legal/accounting/financial/other professionals if necessary) before making any decisions, taking action or taking any action based on the information/data contained herein. . , , , Gajanan Bank does not assume any obligation or responsibility to update any data. No claim (whether in contract, tort (including negligence) or otherwise) arising out of or in connection with the Services shall arise against Gajanan Bank. Neither Gajanan Bank nor any of its agents or licensors or group companies will be liable to the User/any third party for any direct, indirect, incidental, special or consequential loss or damage (including loss of profits, business opportunity or goodwill) Will not happen. Happen. Happen. Happen. Will be held accountable. arising out of the use of these tools/information/data contained herein, whether arising in contract, tort, misrepresentation or otherwise.

What is an EMI?

EMI means the equated monthly installment of the loan you take from your bank. EMI includes the principal portion of the loan amount and interest. Therefore, EMI = Principal amount + Interest paid on the loan. The EMI is, generally, fixed for the entire tenure of your loan, and has to be paid on a monthly basis during the tenure of the loan.

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