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Ledger 06
Credit Card EMI Calculator
Convert your outstanding credit card balance into a fixed EMI and see what it’s really costing you.
Credit Card EMI
Ledger 06₹1,000₹10,00,000
18%48%
1 month48 months
Monthly EMI
₹0
Principal
Interest
Outstanding balance
₹0
Total interest
₹0
Total repayment
₹0
Interest as % of balance
0%
Credit card interest rates are among the highest of any borrowing. Paying only the minimum due each month, instead of a fixed EMI, can stretch repayment for years and multiply the total interest paid.
Credit card interest rates in India typically range from 24% to 48% per year, much higher than personal loans. Converting outstanding dues into a fixed EMI (via your bank’s card EMI conversion facility, or a personal loan for balance transfer) is usually cheaper than carrying a revolving balance and paying only the minimum due.