EMI calculator
See what your loan costs, per day
FriendLoan collects in small daily instalments rather than one monthly EMI, so the number that matters is what leaves your account each day. Move the sliders to see it.
The daily figure is calculated on a reducing balance at a daily rest — the same basis as your loan agreement. It is an estimate: your actual rate depends on your credit assessment, and the exact Annual Percentage Rate appears in the Key Facts Statement you receive before signing.
See your daily EMI
₹2,00,000
12 months
24% p.a.
₹617per day
₹18,766per month equivalent
₹2,25,025total repayment
Illustrative only. Interest 18% – 30% p.a. on a reducing balance, tenure 6 to 24 months, processing fee 2% – 3.5%, zero foreclosure charges. Your Key Facts Statement shows the exact Annual Percentage Rate before you sign.