EMI Calculator BD | Best Loan Calculator

Emi calculator bd is made for Bangladeshi people to calculate their Emi accurately. This free tool will help you learn more about your loans & responsibilities.
To calculate EMI: enter your loan amount, interest rate, and repayment period (in months) & press the calculate button.
EMI Calculator BD

EMI Calculator BD

Monthly EMI: ৳

Total Interest: ৳

Total Payment: ৳

EMI (Equated Monthly Installment)

It's a fixed monthly payment made by a borrower to repay a loan, including both principal and interest.
It simplifies loan repayment by dividing the total amount into equal installments spread over the loan's tenor (repayment period).
It's commonly used for various loans like home loans, car loans, personal loans, education loans, and more.

EMI Calculation:

The formula for calculating EMI is:

EMI = P × r × (1 + r)^n / [(1 + r)^n - 1]


  • P is the principal loan amount
  • r is the monthly interest rate (annual interest rate divided by 12)
  • n is the total number of monthly installments (loan tenor in months)


Consider a loan of 500,000 Taka with an annual interest rate of 12% for a tenor of 5 years (60 months):

  1. Convert the annual interest rate to monthly: r = 12% / 12 = 1%
  2. Plug values into the formula: EMI = 500,000 × 0.01 × (1 + 0.01)^60 / [(1 + 0.01)^60 - 1] EMI ≈ 10,530 Taka per month

Key Factors Affecting EMI

  • Loan Amount: Higher loan amounts result in higher EMIs.
  • Interest Rate: Higher interest rates lead to higher EMIs.
  • Loan Tenor: Longer loan tenors generally have lower EMIs, but you'll pay more interest overall.

Additional Information

  • Early Repayments: Some lenders allow early repayment of loans, which can reduce interest costs and shorten the repayment period.
  • Prepayment Charges: Some lenders may impose prepayment charges for early repayment.
  • EMI Calculators: Online EMI calculators can help you quickly estimate EMIs for different loan scenarios.

Always consult with your lender for accurate EMI calculations and terms specific to your loan agreement.

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