Financial Calculators

Arthavi's free EMI calculator lets you calculate monthly EMI for home loan, car loan, personal loan, and education loan — all in one place. It uses the standard EMI formula: EMI = [P × R × (1+R)^N] / [(1+R)^N – 1], where P is principal, R is monthly interest rate, and N is tenure in months. No sign-up needed.

For FY 2025-26 (AY 2026-27), you can choose between the old tax regime (with deductions like 80C, HRA, standard deduction) or the new tax regime (lower slab rates, no deductions). The new regime has slabs: ₹0–3 lakh (0%), ₹3–7 lakh (5%), ₹7–10 lakh (10%), ₹10–12 lakh (15%), ₹12–15 lakh (20%), above ₹15 lakh (30%). Use Arthavi's Income Tax Calculator to compare both regimes instantly.

HRA exemption under Income Tax Act Section 10(13A) is the minimum of: (1) Actual HRA received from employer, (2) 50% of basic salary for metro cities (Delhi, Mumbai, Kolkata, Chennai) or 40% for non-metro cities, or (3) Actual rent paid minus 10% of basic salary. Arthavi's HRA calculator computes this automatically.

The PPF (Public Provident Fund) interest rate for Q1 FY 2025-26 is 7.1% per annum, compounded annually. PPF falls in the EEE (Exempt-Exempt-Exempt) category, meaning your contributions (up to ₹1.5 lakh/year), interest earned, and maturity amount are all tax-free.

SIP returns are calculated using the Future Value of Annuity formula: FV = P × [(1 + r)^n – 1] / r × (1 + r), where P is monthly investment, r is monthly return rate (annual rate ÷ 12), and n is number of months. For example, ₹5,000/month at 12% return for 10 years grows to approximately ₹11.6 lakh from ₹6 lakh invested.

At SBI's current home loan rate of ~8.5% per annum, the EMI for ₹20 lakh home loan for 20 years is approximately ₹17,356 per month. Total interest paid over 20 years = ₹21.65 lakh, making total repayment = ₹41.65 lakh. Use Arthavi's Home Loan EMI Calculator with current bank rates.

SIP (Systematic Investment Plan) involves investing a fixed amount monthly, which averages out market volatility through rupee-cost averaging. Lumpsum investing puts all capital at once, which gives higher returns in bull markets but higher risk. For salaried investors, SIP is recommended. For those with a windfall, lumpsum investment in debt funds followed by systematic transfer plans (STP) is advisable.

A common retirement planning rule is the 25x Rule: multiply your expected annual retirement expenses by 25. For example, if you need ₹60,000/month (₹7.2 lakh/year) at retirement, you need a corpus of ₹1.8 crore. This assumes a safe withdrawal rate of 4% per year. Arthavi's Retirement Calculator accounts for inflation and calculates the exact SIP needed to reach your goal.

Simple interest is calculated only on the principal: SI = P × R × T / 100. Compound interest is calculated on principal plus accumulated interest: CI = P × (1 + R/100)^T – P. For example, ₹1 lakh at 10% for 10 years gives ₹1 lakh in simple interest but ₹1.59 lakh in compound interest (annual compounding). Monthly compounding yields even more: ₹1.70 lakh.

Arthavi's GST Calculator helps you determine if a quoted price is GST-inclusive or exclusive. India has four main GST slabs: 5% (essential goods, healthcare), 12% (processed food, computers), 18% (most services, electronics), and 28% (luxury goods, cars, tobacco). For each transaction, GST is split equally as CGST (Central GST) and SGST (State GST) for intra-state, or IGST for inter-state.