Loan EMI Calculator – Bank: An Easy-to-Use App for Calculating Loan EMI
Loan EMI Calculator – Bank, developed by Innoviztech, is a free Android app designed to help users calculate the equal monthly installments (EMI) they need to pay for their loans. Whether you are planning to buy a house, car, or a two-wheeler, this app can help you calculate the EMI with ease. It also helps users to know about the total interest amount and the total amount for the period mentioned (for example, 1 year or 2 years).
This app offers a user-friendly interface that allows users to easily view and chart their EMI details. Additionally, users can share the EMI details with others using SMS or email. The app also provides a detailed view of the interest amount per month, principal amount per month, and the total balance amount. Recently, the app added a new functionality that makes the down payment amount optional, providing users with more flexibility.
Overall, Loan EMI Calculator – Bank is an excellent app for anyone who needs to calculate their loan EMI. It is compatible with Android 9.0 and is available for free in the Business & Productivity category under the Finance subcategory.