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No cost EMI calculator

Reveal the real cost of a no-cost EMI offer: hidden interest, GST on that interest, processing fee, and what you give up versus paying upfront.

Enter the instalment total and the upfront price to price the offer.

The interest is recovered by amortization, not read off the offer: the discount structure amortizes the cash price at the lender rate, the inflated structure amortizes the even instalment backwards to the principal it retires. GST on interest follows the instrument: credit card EMI interest attracts GST, consumer loan and cardless EMI interest is exempt per CBIC circulars, so a card plan refunded in full still leaves the GST and the processing fee as real cost. The schedule assumes even instalments and a rate that never steps down. Merchant cashback, insurance add-ons, and auto-debit failures are outside this model.
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