Explore all Credit Cards
Premium Metal
0% Forex & Travel
Lifetime Free
10X Rewards
UPI Cards
Fuel & Utility
Showstopper
Credit Builder
More
Customer Support
Explore NRI Banking
NRI Savings Account
NRI Fixed Deposit
FOREX Solutions
Transfer to NRE
Markets & Beyond
Customer Support
Explore Startup Solutions
Explore Corporate Banking
Corporate Account
Cash Management Services
Supply Chain Finance
Corporate Lending
Treasury
NBFC Financing
Customer Support
BRAVO (Auto Sweep)
Explore Business Banking
MSME Accounts
Trade Services
MSME Loan
MSME Solutions
Debit Card
Offers
Customer Support
Explore Gift City
About Us
Investors
Careers
ESG

FOLLOW US ON :

Download Now

  • App Store
  • Google Play

Notifications

  • As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.

  • Activate your Credit Card within minutes and enjoy unlimited benefits

    Know More

  • One FASTag, three payments:Toll, fuel and parking

    The only FASTag with triple benefits

    Apply Now

Financial Calculators

Let your financial journey benefit from the right decisions at every step of the way. IDFC FIRST Bank can help you make the right decision with the help of its financial calculators. Our financial calculators can assist you in evaluating the EMIs and SIPs of your loans and investments.

You can use the financial calculators online and structure your payments and investments most effectively. You can find different bank calculators on our website, including SIP calculator, personal loan calculator, home loan calculator, car loan EMI calculator and FD calculator.Read More

From equated monthly instalment to interest cost, tenure, and loan amount, these financial calculators can tell you everything about your payments. From an investment perspective, you can use the SIP calculator and FD calculator to align your monthly or lump-sum investment with your long-term and short-term goals.Read Less

Explore our Loan Calculators

Explore our Savings and Investment Calculators

high interest savings account

FEATURED

A high-interest savings account that works harder? Here’s the secret

A high-interest savings account helps you beat inflation and grow your money faster, making it a smarter choice for financial planning. Compare rates, fees, and features to choose the highest-interest savings account and maximise your savings potential. The IDFC FIRST Bank Corporate Salary Account stands out with its high-interest savings account benefits, zero balance requirements, and exclusive perks.

Team FinFIRST04 Mar 2025 • 3 mins read

Read Full Story

FREQUENTLY ASKED QUESTIONS

How do I use a financial calculator online?

Financial calculators can be used to calculate the EMI, loan amount, loan tenure and other details. They can also be used for getting the best out of your investment portfolio. You can select one from many bank calculators such as home loan EMI calculator and personal loan calculator, and then insert the relevant data to know the interest cost, equated monthly installment, and flexible loan amount.

How is monthly instalment calculated?

The equated monthly instalment is a function of three factors: loan amount, tenure, and interest rate. Usually, the monthly instalment is calculated using the formula:

EMI = [P x R x (1+R) ^ N] / [(1+R) ^ (N-1)]

EMI stands for equated monthly instalment; P is the loan amount you borrow; R is the rate of interest; and N is the tenure.

What are the different ways in which EMI can be calculated?

You can calculate your EMI by using the mathematical formula, the Excel spreadsheet, and online calculators.

The mathematical formula for calculating the EMI is:

EMI = [P x R x (1+R) ^ N] / [(1+R) ^ (N-1)]

EMI stands for equated monthly instalment; P is the loan amount you borrow; R is the rate of interest; and N is the tenure.

You can also use the PMT function on the Excel spreadsheet and calculate your EMI. It uses the syntax: PMT (rate, nper, pv). In the formula, rate represents the rate for the loan; nper represents the total number of payments for the loan; and pv is the present value.

Alternatively, you can use financial calculators for getting accurate estimates of your EMI. Home loan EMI calculator, personal loan calculator, car loan calculator, and bank EMI calculator are a few popular online bank calculators.

Get in touch with us

Compliment

Add a note of appreciation
Customer Support

Customer Support
Locate Our Branch

Locate our branch