EMI formula kya hota hai?
EMI (Equated Monthly Installment) ek fixed monthly payment hai jo aap loan repay karne ke liye karte hain — principal + interest dono shaamil hote hain. Formula:
EMI Formula
EMI = P × r × (1+r)^n / ((1+r)^n - 1) — jahan P = principal, r = monthly interest rate, n = number of months
Loan types aur typical interest rates 2026
| Loan Type | Typical Rate | Max Tenure |
|---|---|---|
| Home Loan | 8.5-9.5% p.a. | 30 years |
| Car Loan | 8.5-12% p.a. | 7 years |
| Personal Loan | 11-24% p.a. | 5 years |
| Education Loan | 8-12% p.a. | 15 years |
| Gold Loan | 9-14% p.a. | 3 years |
EMI kam karne ke tarike
- Down payment zyada dein — principal kam hoga
- Tenure kam karein — total interest bahut kam hoga (lekin monthly EMI zyada)
- Prepayment karein — part payment se principal aur future interest dono kam hote hain
- Better credit score — lower interest rate milta hai
Floating vs fixed interest rate mein kya choose karein?
Floating rate abhi kam hoti hai lekin future mein badh sakti hai. Fixed rate stable rehti hai. Long tenure home loans mein floating often better hota hai historically — lekin risk hota hai.
Prepayment penalty hoti hai?
Floating rate loans mein RBI ne prepayment penalty ban ki hui hai. Fixed rate loans mein bank 1-3% prepayment charge le sakta hai — loan agreement check karein.