if u r unable to download the attahed file. pls mail me ur mail id subject field containing EMI Calculator.
i will send u that on ur id.
my mail id is navee_guru @ yahoo.co.in
ca.naveen.kumar.agrawal @ gmail.com
Regards,
CA Naveen Kumar Agrawal
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EMI Calculation
also check out this /forum/messages/2008/6/10795_interest_on_loan_.asp
Thank you very much for the EMI calculation sheet.
hello NAVEEN,
Plz send me the Home loan calculator & income tax calculator on my email address: iamazeem @ gmail.com
To calculate EMI for a loan from Kotak Mahindra Bank, you can use the following formula:
EMI=P×r×(1+r)n(1+r)n−1EMI=(1+r)n−1P×r×(1+r)n
Where:
PP is the principal loan amount
rr is the monthly interest rate (annual rate divided by 12)
nn is the loan tenure in months
Kotak Mahindra Bank offers an online EMI calculator on their website. Simply input your loan amount, interest rate, and tenure to get the EMI instantly. This helps in planning your finances effectively before availing a loan.
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