Ama 2024 Emi Calculator. The total amount payable will be ₹11,714 * 120 = ₹14,05,703. R is rate of interest calculated on monthly basis.
There is a specific formula that groww uses to compute the emi amount for a loan. To compute equated monthly installments (emi), please enter the amount of loan required, interest rate in %, the tenure in years.