A free app for Android, by JITechApps.
EMI Calculation for Bike Loan is an Android app that can be used to calculate the monthly installment (EMI) that you will have to pay when you borrow money from a bank to purchase a bicycle. It is one of the most popular mobile applications for calculating EMI for bike loans. The application is very easy to use and is very accurate. It can be used by both private individuals and by business entities.
The application is based on the method that is used by banks to calculate EMI. The most important part of the application is the selection of the bike brand, bike model, and bank. You will be able to find all the necessary information on the website of the bike company. You will need to enter the EMI, interest rate, and loan duration. The loan amount will be calculated automatically.