Intermediate Money & Banking

EMI (equated monthly instalment)

/ˌiː.emˈaɪ/ noun

Meaning

a fixed monthly payment used to repay a loan over an agreed period

हिंदी मेंसमान मासिक किस्त

“The EMI for his car loan is ₹8,500 a month.”

उसके कार ऋण की EMI ₹8,500 प्रति माह है।

Spelling as "installment" (American) vs. British "instalment" — this site uses British spelling throughout.

Written and reviewed by Maninder Thind · Last updated 17 August 2026