Loan amount (Principal): The total amount you borrow.
Interest rate (Annual Percentage Rate): The annual interest rate charged by the lender.
Loan tenure (in months): The number of months over which you'll repay the loan.
Once you have these details, you can use the following formula to calculate the EMI

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How to Calculate EMI on Loan ? EMI Interest Calculation Formula | Loan Calculator Tamil

DISCLAIMER
This video is for educational purposes only and should not be considered as financial advice or an endorsement of specific investments. It is essential to conduct thorough research before making any investment decisions.

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