Frequently Asked Questions
What is an EMI?
EMI means Equated Monthly Installment. It is the estimated fixed monthly amount used to repay a loan over a selected tenure, subject to the lender's actual terms.
How is the EMI calculated?
The calculator uses the standard reducing-balance loan formula using the loan amount, annual interest rate and number of monthly payments. If the interest rate is zero, the principal is divided equally across the payments.
Does the result include all bank charges?
No. You can optionally enter a processing-fee percentage for an illustrative fee estimate, but actual lender charges, insurance, taxes, documentation fees and other costs can differ.
Is this a loan approval?
No. The calculator is an informational planning tool only. Actual approval, rates, eligibility and repayment terms are determined by the relevant bank or lender.
How do I send an enquiry?
Complete the loan enquiry form on the home page and select “Continue on WhatsApp”. Your WhatsApp app will open with the information you entered.
Does the website store my enquiry?
The frontend enquiry form does not send your information to a website database. It creates a WhatsApp message on your device/browser. Your use of WhatsApp is subject to WhatsApp's own policies.