EMI Calculator Bangladesh
Calculate your monthly installment for home, personal, car & SME loans across Bangladesh's top banks — with full amortization schedule.
Step 1 — Select Loan Type
Purchase, construction or renovation
Step 2 — Select Bank
Government Banks
Private Banks
Islamic Banks
BRAC Bank PLC
Processing fee: 0.50% – 1.50% + 15% VAT
Interest Rate Range
11% – 13.5%
per annum (reducing balance)
Step 3 — Loan Details
120 months total
Frequently Asked Questions
Q: How is EMI calculated in Bangladesh?
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1], where P = Principal, R = Monthly interest rate (annual ÷ 12 ÷ 100), N = Tenure in months. Banks use the reducing balance method, meaning interest reduces each month as you pay off principal.
Q: What is the current home loan interest rate in Bangladesh?
Home loan rates range from 10% to 13.5% per annum (2026). Government banks like Sonali, Janata, Agrani offer 10–12%, while private banks charge 11–13.5%. Islamic banks follow a profit-sharing model at similar rates.
Q: What is the maximum home loan tenure in Bangladesh?
Most banks offer up to 20 years (240 months) for home loans. Personal and car loans are typically limited to 5 years (60 months). Always check with your specific bank for eligibility.
Q: What fees are charged apart from EMI?
Banks charge a one-time processing fee (0.5%–2% of loan amount), CIB charge, stamp duty, legal fees, and sometimes life insurance. BRAC Bank also adds 15% VAT on processing fees. These are separate from EMI.
Q: What is the difference between flat rate and reducing balance EMI?
Flat rate calculates interest on the full principal throughout the tenure. Reducing balance calculates interest only on the outstanding balance each month — this is cheaper and is the standard method used by all scheduled banks in Bangladesh.