EMI Stands for Equated Monthly Installment
If you are taking loan from bank for any purpose you have to pay it in Installment. Commonly known as EMI. By the way of EMI you can pay your loan amount in monthly basis.
Want to know how much amount of EMI you will need to pay on specific amount of Loan. The EMI includes repayment of the principal amount and payment of the interest on the outstanding amount of your Loan. Here is a online EMI calculator to Calculate the amount with variable time and interest rate. Now get Your EMI details for Home Loan, Car Loan, Auto Loan, Personal Loan and much more.