An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full.
Calculate your EMI online in India at SBI. Check your Car, Personal & Home Loan EMI with Flexible Loan Calculator which helps you calculate