# Loan EMI - Simple EMI App — Bank & Simple EMI made easy

> Simple loan EMI calculator for various loan types. (iPhone/iPad app by Athira Infotech LLP.)

- Source: https://appshunter.io/ios/app/loan-emi-simple-emi-app/id1141634480 (this page in markdown: same URL + `.md`)
- Developer: [Athira Infotech LLP](https://appshunter.io/developer/1071406552)
- Category: Finance, Productivity
- Price: Free
- Rating: 1.00/5 from 1 App Store ratings
- Age rating: 4+
- Requires: iOS 8.0 · 21 MB
- Languages: English
- Released: 2016-09-05
- Data updated: 2026-07-07
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/loan-emi-simple-emi-app/id1141634480/reviews.md

## What is Loan EMI?

Loan EMI Calculator is the simplest app to easily calculate your loan EMI in one single screen.

What makes this app unique is its simplicity.
All you have to do is enter the amount, loan rate of interest, and loan tenure in either months or years.

Loan EMI Calculator can be used for all types of loans. For example Home Loans, Car Loan, Education Loans and Personal Loans.

The app will calculate your Total Amount to be paid, Total Interest to be paid, and the monthly EMI to be paid.

CAUTION: Do NOT rely on the results from this EMI calculator to make financial decisions. Interest rates vary and the tax laws change regularly. Please contact us for assistance with your specific concerns.

## Key features

- Single screen EMI calculation
- Calculate total interest
- Calculate total repayment
- Supports multiple loan types
- EMI calculation in months or years


## Frequently asked questions about Loan EMI

### What types of loans can Loan EMI calculate?

Loan EMI can calculate estimations for Home Loans, Car Loans, Education Loans, and Personal Loans, among others.

### How does Loan EMI calculate EMIs?

You need to enter the loan amount, interest rate, and loan tenure (in months or years). The app then calculates your monthly EMI, total interest payable, and total amount to be paid.

### Is Loan EMI free to use?

Yes, Loan EMI is a free application and does not require any payment to use its core features.

### Does Loan EMI have ads?

No, Loan EMI does not contain advertisements, providing an uninterrupted user experience.

### What devices is Loan EMI available on?

Loan EMI is available for iPhone, iPad, and iPod devices.

### How often is Loan EMI updated?

The latest version of Loan EMI was released on January 4, 2018. Users should check the app store for any newer updates.

### What is the age rating for Loan EMI?

Loan EMI has an age rating of 4+, making it suitable for a wide range of users.

### Should I rely on Loan EMI for financial decisions?

The app explicitly states not to rely on its results for financial decisions, as interest rates and tax laws vary and change. It advises contacting professionals for specific concerns.

## Version history (last 5 releases)

### 2.0.1 — 2018-01-04

This app has been updated by Apple to display the Apple Watch app icon.

App is now compatible with iOS 11 and iPhone X
Some minor improvements

### 2.0 — 2017-07-19

Complete UI revamped
Calculations improved

### 1.1.1 — 2017-06-27

performance enhancements

### 1.1 — 2017-01-11

- Now with the feature of calculating Bank's EMI on a daily reducing basis
- UI improvements

### 1.0 — 2016-08-09

No release notes.

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All apps by Athira Infotech LLP: https://appshunter.io/developer/1071406552

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-07-07.*