𝙒𝙝𝙖𝙩 𝙄𝙨 𝘾𝙧𝙚𝙙𝙞𝙩 𝘾𝙖𝙧𝙙 𝙀𝙈𝙄 𝘾𝙖𝙡𝙘𝙪𝙡𝙖𝙩𝙤𝙧 𝙬𝙞𝙩𝙝 𝙂𝙎𝙏

𝑨 𝑪𝒓𝒆𝒅𝒊𝒕 𝑪𝒂𝒓𝒅 𝑬𝑴𝑰 𝑪𝒂𝒍𝒄𝒖𝒍𝒂𝒕𝒐𝒓 𝒘𝒊𝒕𝒉 𝑮𝑺𝑻 𝒊𝒔 𝒂𝒏 𝒐𝒏𝒍𝒊𝒏𝒆 𝒕𝒐𝒐𝒍 𝒕𝒉𝒂𝒕 𝒉𝒆𝒍𝒑𝒔 𝒚𝒐𝒖 𝒆𝒔𝒕𝒊𝒎𝒂𝒕𝒆 𝒕𝒉𝒆 𝒎𝒐𝒏𝒕𝒉𝒍𝒚 𝒊𝒏𝒔𝒕𝒂𝒍𝒍𝒎𝒆𝒏𝒕𝒔 (𝑬𝑴𝑰𝒔) 𝒚𝒐𝒖 𝒘𝒊𝒍𝒍 𝒑𝒂𝒚 𝒘𝒉𝒆𝒏 𝒄𝒐𝒏𝒗𝒆𝒓𝒕𝒊𝒏𝒈 𝒚𝒐𝒖𝒓 𝒄𝒓𝒆𝒅𝒊𝒕 𝒄𝒂𝒓𝒅 𝒑𝒖𝒓𝒄𝒉𝒂𝒔𝒆𝒔 𝒊𝒏𝒕𝒐 𝑬𝑴𝑰𝒔. 𝑰𝒕 𝒏𝒐𝒕 𝒐𝒏𝒍𝒚 𝒄𝒂𝒍𝒄𝒖𝒍𝒂𝒕𝒆𝒔 𝒕𝒉𝒆 𝒑𝒓𝒊𝒏𝒄𝒊𝒑𝒂𝒍 𝒂𝒏𝒅 𝒊𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝒂𝒎𝒐𝒖𝒏𝒕 𝒃𝒖𝒕 𝒂𝒍𝒔𝒐 𝒊𝒏𝒄𝒍𝒖𝒅𝒆𝒔 𝒕𝒉𝒆 𝒂𝒑𝒑𝒍𝒊𝒄𝒂𝒃𝒍𝒆 𝑮𝑺𝑻 𝒄𝒉𝒂𝒓𝒈𝒆𝒅 𝒐𝒏 𝒕𝒉𝒆 𝒊𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝒄𝒐𝒎𝒑𝒐𝒏𝒆𝒏𝒕. 𝑻𝒉𝒊𝒔 𝒈𝒊𝒗𝒆𝒔 𝒚𝒐𝒖 𝒂 𝒄𝒍𝒆𝒂𝒓 𝒑𝒊𝒄𝒕𝒖𝒓𝒆 𝒐𝒇 𝒚𝒐𝒖𝒓 𝒕𝒐𝒕𝒂𝒍 𝒓𝒆𝒑𝒂𝒚𝒎𝒆𝒏𝒕 𝒂𝒎𝒐𝒖𝒏𝒕, 𝒊𝒏𝒕𝒆𝒓𝒆𝒔𝒕 𝒐𝒖𝒕𝒇𝒍𝒐𝒘, 𝒂𝒏𝒅 𝒊𝒏𝒔𝒕𝒂𝒍𝒍𝒎𝒆𝒏𝒕 𝒔𝒄𝒉𝒆𝒅𝒖𝒍𝒆. 𝑩𝒚 𝒖𝒔𝒊𝒏𝒈 𝒕𝒉𝒊𝒔 𝒄𝒂𝒍𝒄𝒖𝒍𝒂𝒕𝒐𝒓, 𝒚𝒐𝒖 𝒄𝒂𝒏 𝒎𝒂𝒌𝒆 𝒊𝒏𝒇𝒐𝒓𝒎𝒆𝒅 𝒇𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝒅𝒆𝒄𝒊𝒔𝒊𝒐𝒏𝒔, 𝒄𝒐𝒎𝒑𝒂𝒓𝒆 𝒅𝒊𝒇𝒇𝒆𝒓𝒆𝒏𝒕 𝒕𝒆𝒏𝒖𝒓𝒆 𝒐𝒑𝒕𝒊𝒐𝒏𝒔, 𝒂𝒏𝒅 𝒑𝒍𝒂𝒏 𝒚𝒐𝒖𝒓 𝒓𝒆𝒑𝒂𝒚𝒎𝒆𝒏𝒕𝒔 𝒎𝒐𝒓𝒆 𝒆𝒇𝒇𝒆𝒄𝒕𝒊𝒗𝒆𝒍𝒚.

𝑯𝒐𝒘 𝑫𝒐𝒆𝒔 𝒂 𝑪𝒓𝒆𝒅𝒊𝒕 𝑪𝒂𝒓𝒅 𝑬𝑴𝑰 𝑪𝒂𝒍𝒄𝒖𝒍𝒂𝒕𝒐𝒓 𝒘𝒊𝒕𝒉 𝑮𝑺𝑻 𝑪𝒂𝒍𝒄𝒖𝒍𝒂𝒕𝒐𝒓 𝑾𝒐𝒓𝒌?

𝑨 𝑪𝒓𝒆𝒅𝒊𝒕 𝑪𝒂𝒓𝒅 𝑬𝑴𝑰 𝑪𝒂𝒍𝒄𝒖𝒍𝒂𝒕𝒐𝒓 𝒘𝒊𝒕𝒉 𝑮𝑺𝑻 𝒉𝒆𝒍𝒑𝒔 𝒚𝒐𝒖 𝒆𝒔𝒕𝒊𝒎𝒂𝒕𝒆 𝒕𝒉𝒆 𝒆𝒙𝒂𝒄𝒕 𝒄𝒐𝒔𝒕 𝒐𝒇 𝒄𝒐𝒏𝒗𝒆𝒓𝒕𝒊𝒏𝒈 𝒂 𝒑𝒖𝒓𝒄𝒉𝒂𝒔𝒆 𝒊𝒏𝒕𝒐 𝑬𝑴𝑰𝒔 𝒃𝒚 𝒊𝒏𝒄𝒍𝒖𝒅𝒊𝒏𝒈 𝒏𝒐𝒕 𝒋𝒖𝒔𝒕 𝒕𝒉𝒆 𝒎𝒐𝒏𝒕𝒉𝒍𝒚 𝒊𝒏𝒔𝒕𝒂𝒍𝒍𝒎𝒆𝒏𝒕 𝒂𝒏𝒅 𝒊𝒏𝒕𝒆𝒓𝒆𝒔𝒕, 𝒃𝒖𝒕 𝒂𝒍𝒔𝒐 𝒑𝒓𝒐𝒄𝒆𝒔𝒔𝒊𝒏𝒈 𝒇𝒆𝒆𝒔, 𝑮𝑺𝑻, 𝒂𝒏𝒅 𝒐𝒕𝒉𝒆𝒓 𝒄𝒉𝒂𝒓𝒈𝒆𝒔. 𝑯𝒆𝒓𝒆’𝒔 𝒉𝒐𝒘 𝒊𝒕 𝒘𝒐𝒓𝒌𝒔 𝒔𝒕𝒆𝒑 𝒃𝒚 𝒔𝒕𝒆𝒑:

1. 𝑰𝒏𝒑𝒖𝒕 𝑷𝒖𝒓𝒄𝒉𝒂𝒔𝒆 & 𝑳𝒐𝒂𝒏 𝑫𝒆𝒕𝒂𝒊𝒍𝒔

• Purchase Amount – the transaction value you want to convert into EMI.
• Tenure (Months) – duration of the EMI plan (e.g., 3, 6, 9, 12 months).
• Annual Interest Rate (% p.a.) – the rate charged by the bank/issuer for EMI conversion.

These inputs help calculate the base EMI using the standard reducing balance formula:

EMI=P×r×(1+r)n(1+r)n−1EMI = \frac{P \times r \times (1+r)^n}{(1+r)^n – 1}EMI=(1+r)n−1P×r×(1+r)n​

Where:

• P = Loan/EMI amount
• r = Monthly interest rate (Annual ÷ 12)
• n = Tenure in months

2. 𝑨𝒅𝒅 𝑷𝒓𝒐𝒄𝒆𝒔𝒔𝒊𝒏𝒈 𝑭𝒆𝒆

Most banks charge a one-time processing fee, either as a flat amount (e.g., ₹499) or as a percentage of the purchase (e.g., 1.5%).

This fee is added upfront, increasing your total cost of EMI conversion.

3. 𝑨𝒑𝒑𝒍𝒚 𝑮𝑺𝑻 𝒐𝒏 𝑭𝒆𝒆𝒔

As per Indian tax laws, 18% GST is applied on all service charges like processing fee, foreclosure fee, etc.

• Example: If the processing fee = ₹499, GST = 18% of ₹499 = ₹89.82.
• Total upfront charge = ₹499 + ₹89.82 = ₹588.82.

The GST Calculator ensures these taxes are automatically factored in so there are no hidden surprises.

4. 𝑪𝒐𝒎𝒑𝒖𝒕𝒆 𝑻𝒐𝒕𝒂𝒍 𝑶𝒖𝒕𝒇𝒍𝒐𝒘

The calculator then shows:

• Monthly EMI (principal + interest)
• Total Interest Payable across tenure
• Total Fees + GST
• Grand Total Payment = Purchase Amount + Interest + Fees + GST

This gives you the true cost of EMI conversion.

5. 𝑶𝒑𝒕𝒊𝒐𝒏𝒂𝒍 𝑺𝒄𝒆𝒏𝒂𝒓𝒊𝒐𝒔 𝑪𝒐𝒗𝒆𝒓𝒆𝒅

A smart EMI + GST calculator also allows you to test:

• No-Cost EMI → Where interest is waived, but GST on fees still applies.
• Foreclosure/Prepayment → If you close early, it estimates outstanding principal + foreclosure fee + GST.
• GST Breakup → For intra-state (CGST + SGST) vs inter-state (IGST).

In short:
The EMI calculator tells you how much you’ll pay every month, and the GST calculator ensures you know the extra tax impact on fees and charges, giving you a complete, transparent cost picture.

𝑩𝒆𝒏𝒆𝒇𝒊𝒕𝒔 𝒐𝒇 𝑼𝒔𝒊𝒏𝒈 𝒂𝒏 𝑬𝑴𝑰 𝑪𝒂𝒍𝒄𝒖𝒍𝒂𝒕𝒐𝒓

Using a Credit Card EMI Calculator with GST integration gives you a clear and transparent picture of your repayment plan before you convert your purchase into EMI.

1. 𝘼𝙘𝙘𝙪𝙧𝙖𝙩𝙚 𝙀𝙈𝙄 𝙋𝙡𝙖𝙣𝙣𝙞𝙣𝙜

• Instantly calculates your monthly installment based on loan amount, tenure, and interest rate.
• Helps you choose the right EMI tenure that suits your monthly budget.

2. 𝙏𝙧𝙖𝙣𝙨𝙥𝙖𝙧𝙚𝙣𝙩 𝘾𝙤𝙨𝙩 𝘽𝙧𝙚𝙖𝙠𝙙𝙤𝙬𝙣

• Shows the exact breakup of principal, interest, processing fees, and GST.
• You know upfront how much you’ll pay in taxes vs. finance charges.

3. 𝘼𝙫𝙤𝙞𝙙𝙨 𝙃𝙞𝙙𝙙𝙚𝙣 𝙎𝙪𝙧𝙥𝙧𝙞𝙨𝙚𝙨

• Many cardholders overlook GST on fees—this tool ensures no hidden costs.
• Displays the total repayment amount, so you’re not caught off guard later.

4. 𝘾𝙤𝙢𝙥𝙖𝙧𝙚𝙨 𝙀𝙈𝙄 𝙊𝙥𝙩𝙞𝙤𝙣𝙨

• Compare different tenures and interest rates side by side.
• Easily check whether a No-Cost EMI or a Standard EMI is cheaper after fees + GST.

5. 𝙎𝙢𝙖𝙧𝙩𝙚𝙧 𝙁𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝘿𝙚𝙘𝙞𝙨𝙞𝙤𝙣𝙨

• Evaluate whether paying in full upfront or converting to EMI is better.
• Helps avoid overspending by showing the true cost of credit.

6. 𝙏𝙞𝙢𝙚-𝙎𝙖𝙫𝙞𝙣𝙜 & 𝙀𝙖𝙨𝙮 𝙩𝙤 𝙐𝙨𝙚

• No manual calculations or complex formulas needed.
• Works in seconds, giving you quick results for better decision-making.

7. 𝙂𝙎𝙏-𝙎𝙥𝙚𝙘𝙞𝙛𝙞𝙘 𝘼𝙘𝙘𝙪𝙧𝙖𝙘𝙮

• Built-in GST calculator ensures processing fees, foreclosure charges, and other service charges include the correct GST.
• Useful for both customers (to know costs) and businesses (to present transparent EMI plans).

𝑰𝒏 𝒔𝒉𝒐𝒓𝒕: 𝑨 𝑪𝒓𝒆𝒅𝒊𝒕 𝑪𝒂𝒓𝒅 𝑬𝑴𝑰 𝑪𝒂𝒍𝒄𝒖𝒍𝒂𝒕𝒐𝒓 𝒘𝒊𝒕𝒉 𝑮𝑺𝑻 𝑪𝒂𝒍𝒄𝒖𝒍𝒂𝒕𝒐𝒓 𝒆𝒏𝒔𝒖𝒓𝒆𝒔 𝒄𝒍𝒂𝒓𝒊𝒕𝒚, 𝒂𝒄𝒄𝒖𝒓𝒂𝒄𝒚, 𝒂𝒏𝒅 𝒕𝒓𝒂𝒏𝒔𝒑𝒂𝒓𝒆𝒏𝒄𝒚, 𝒆𝒎𝒑𝒐𝒘𝒆𝒓𝒊𝒏𝒈 𝒚𝒐𝒖 𝒕𝒐 𝒎𝒂𝒌𝒆 𝒔𝒎𝒂𝒓𝒕𝒆𝒓 𝒃𝒐𝒓𝒓𝒐𝒘𝒊𝒏𝒈 𝒅𝒆𝒄𝒊𝒔𝒊𝒐𝒏𝒔.