How it works
Enter the total disbursed outstanding balance in each stage, not just the additional tranche. Each stage lasts for the entered number of days. The interest-only model applies interest to those balances, while showing the sanctioned amount not yet disbursed after the last stage.
Inputs and units
| Input | Example value | What to enter |
|---|---|---|
| Sanctioned loan amount | ₹10,00,000.00 | Required unit: ₹. Use a non-negative value. |
| Outstanding amount in stage 1 | ₹2,00,000.00 | Required unit: ₹. Use a non-negative value. |
| Days at the stage 1 amount | 30 days | Required unit: days. Use a whole number. Use a non-negative value. Allowed range: 0–10,000. |
| Outstanding amount in stage 2 | ₹5,00,000.00 | Required unit: ₹. Use a non-negative value. |
| Days at the stage 2 amount | 30 days | Required unit: days. Use a whole number. Use a non-negative value. Allowed range: 0–10,000. |
| Outstanding amount in stage 3 | ₹8,00,000.00 | Required unit: ₹. Use a non-negative value. |
| Days at the stage 3 amount | 30 days | Required unit: days. Use a whole number. Use a non-negative value. Allowed range: 0–10,000. |
| Assumed annual interest rate | 9 % | Enter the percentage as a number: for 15%, enter 15. Use the annual rate. Use a non-negative value. Allowed range: 0–100. |
| Contract day-count basis | 365 days | Check the selected option before calculating. |
Worked example
Show example inputs and results
This example is generated by the same calculation engine using the starting values in the form. Your own inputs produce your own result.
- Sanctioned loan amount
- ₹10,00,000.00
- Outstanding amount in stage 1
- ₹2,00,000.00
- Days at the stage 1 amount
- 30 days
- Outstanding amount in stage 2
- ₹5,00,000.00
- Days at the stage 2 amount
- 30 days
- Outstanding amount in stage 3
- ₹8,00,000.00
- Days at the stage 3 amount
- 30 days
- Assumed annual interest rate
- 9 %
- Contract day-count basis
- 365 days
Complete example results
- Estimated total pre-EMI interest
- ₹11,095.89
- Stage 1 interest
- ₹1,479.45
- Stage 2 interest
- ₹3,698.63
- Stage 3 interest
- ₹5,917.81
- Sanctioned amount still undisbursed
- ₹2,00,000.00
- Days covered by the three stages
- 90 days
Reading the result
Match the rate period to the payment period. Fees and taxes absent from the inputs are not added automatically; compare totals with the same cost coverage.
Questions and answers
Can I use the example values for my own calculation?
The example values illustrate the calculation. Replace every input with your own information, especially dates, rates and the selected operation.
Is pre-EMI calculated on the full sanctioned amount?
This model uses disbursed outstanding amounts, consistent with the interest-only pre-EMI option described in the linked bank explanation. Check your contract: regular EMI, capitalised interest or a different disbursement arrangement needs a different schedule.
Why are some results rounded?
Results display up to 8 decimal places. Calculations use the unrounded values; very small values use scientific notation. JavaScript floating-point arithmetic can introduce tiny rounding differences.
Are my inputs sent to a server?
The calculator processes inputs in your browser. Its code does not send your values to a server.
Method sources: icici.bank.in