Terms of Use

Last updated: 13 November 2026

1. Acceptance

By using EMI Calculator you agree to these terms. If you do not agree, please do not use the site.

2. Free service

EMI Calculator is free to use. There is no account, no sign-up and no payment. The service is supported by advertising. We may change, add or remove features at any time without notice.

3. What the tool does

EMI Calculator works out your monthly EMI, total payment and total interest from the loan amount, annual interest rate and tenure you type, in your browser, using the standard EMI formula. It also builds a month-by-month amortisation table and compares two loan offers. Results are estimates only — a real bank EMI can differ because of processing fees, insurance, taxes, or a rate that changes during the loan. They are not financial advice, and they are for everyday personal use.

4. Not financial advice

Nothing on this site is financial advice, and nothing here is a loan offer. Do not borrow money based only on a result shown here — check the final EMI, fees and terms with your bank, and get independent advice for big decisions like a home loan.

5. Lawful use

Use the tool only for lawful purposes. Do not use it to misrepresent a loan amount, a rate or a result to anyone else — every result shows how it was worked out so it can always be checked.

6. No warranty

The tool is provided “as is”, without any warranty of any kind. We do not promise that a result is right for your particular purpose — please check important matters yourself.

7. Liability

To the fullest extent allowed by law, EMI Calculator and its owner are not liable for any direct, indirect or consequential loss arising from the use of this site or its calculations — including any loss from acting on a result shown here.

8. Advertising

The site shows advertising from Google AdSense. Advertisements are provided by third parties; EMI Calculator is not responsible for their content. You can choose personalised or non-personalised ads with the cookie banner.

9. Changes to these terms

These terms may change from time to time. The new version will be posted on this page with a new “last updated” date. Continued use of the site after a change means you accept the new terms.

10. Contact

Questions about these terms: please use the contact form.