Credit Card EMI Calculator
Credit card EMI conversion cost: monthly EMI, interest, processing fee and 18% GST, and the effective rate.
Monthly EMI (before GST)
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Total interest—
GST on interest and fee (18%)—
Total paid—
Extra over purchase price—
How to use the Credit Card EMI calculator
- Enter purchase amount, eMI interest rate, tenure and processing fee.
- Read the monthly EMI (before GST) at the top of the result, with total interest, gST on interest and fee (18%), total paid underneath. It updates as you type.
- Change one input at a time to see what moves the answer most, then save the result with Copy link or Download PDF.
About this tool
Card EMIs are cheaper than revolving credit but still carry interest, a fee and GST. The GST appears on each monthly statement on top of the EMI.
Worked example
With purchase amount of ₹60,000, emi interest rate of 16%, tenure of 12 months and processing fee of ₹199:
| Monthly EMI (before GST) | ₹5,444 |
| Total interest | ₹5,326 |
| GST on interest and fee (18%) | ₹995 |
| Total paid | ₹66,520 |
| Extra over purchase price | ₹6,520 |
Built and reviewed by Savitar Finance (savitarfinance@gmail.com). Rules and rates last checked October 2026. How we calculate · Report a problem
Questions people ask
Is GST charged on credit card EMI?
Yes. 18% GST applies to the interest part of each EMI and to the processing fee.
Does EMI conversion reduce my credit limit?
Yes, the full purchase amount blocks your limit and is released as you pay each EMI.