Loan Details
Live
Loan Amount (NPR)
रु 1 Lakhरु 50 Lakh
Interest Rate (% per year)
5%24%
Loan Tenure
1 Year30 Years
Current Bank Rates (Approx.)
* Tap a bank to auto-fill rate. Rates are approximate — verify with your bank.
EMI Breakdown
Monthly EMI
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Per Month
Total Interest
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Total Payment
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Principal
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Interest
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First Month Interest
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Break-even Month
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Amortization Schedule
| Month | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
| Enter loan details and click Calculate | ||||
Nepal EMI Calculator – ऋण किस्ता क्याल्कुलेटर
Planning to buy a house, car, or bike in Nepal? Our free EMI calculator helps you calculate your exact monthly installment (किस्ता) before approaching any bank. Whether you're applying at Nabil Bank, NIC Asia, Global IME, NMB Bank, Rastriya Banijya Bank, or any other BFI in Nepal — simply enter the loan amount in NPR, interest rate, and tenure to get instant results.
The EMI formula used: EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ – 1), where P = Principal, r = monthly interest rate, n = total months. This is the standard formula used by all Nepali banks.
🏠 Home Loan Nepal
Typical rate: 9–12%. Max tenure: 20–25 years. Min down payment: 20–40%.
🚗 Car/Vehicle Loan
Typical rate: 10–13%. Max tenure: 5–7 years. Down payment: 30–50%.
💳 Personal Loan
Typical rate: 13–18%. Max tenure: 3–5 years. No collateral required.
🎓 Education Loan
Typical rate: 9–11%. Max tenure: 10–15 years. Grace period available.
Frequently Asked Questions
What would the EMI be for a 30 lakh home loan at 9.5% for 20 years?
For a NPR 30,00,000 home loan at 9.5% interest over 20 years, the monthly EMI works out to approximately रु 27,964, with total interest of about रु 37,11,345 over the full tenure - roughly 1.24 times the original loan amount. Use the calculator above with your own figures for an exact breakdown.
How is EMI calculated in Nepal?
Nepali banks use the standard reducing-balance EMI formula: EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ – 1), where P is the principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the total number of monthly installments. Interest is charged only on the outstanding balance, so the interest portion of each payment shrinks over time while the principal portion grows.
Which Nepali bank has the lowest home loan interest rate?
Rates change frequently and vary by bank policy and your credit profile, but government banks like Rastriya Banijya Bank and Agriculture Development Bank have typically offered some of the lower home loan rates (around 8-8.5%), compared to 9.5-10.5% at most private commercial banks. Always confirm the current published rate directly with the bank before applying.
Does a longer loan tenure mean paying more total interest?
Yes. A longer tenure lowers your monthly EMI but increases the total interest paid over the life of the loan, since interest keeps accruing on the outstanding balance for longer. Use the tenure slider above to compare - shorter tenures mean a higher EMI but significantly less total interest.