Disclaimer

Important notice regarding the use of emi-elly and the results it provides.

Informational Purpose Only

emi-elly is a free, browser-based EMI calculator designed to help users understand and plan their loan repayments. All results — including EMI amounts, total interest payable, amortization schedules, and prepayment savings — are indicative estimates for planning purposes only.

Nothing on this website should be construed as financial advice, legal advice, investment advice, or any other form of professional advice.

Not a Financial Institution

emi-elly is an independent online tool. We are not a bank, NBFC, insurance company, mutual fund, financial broker, or any entity regulated by the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), or any other regulatory authority.

We do not offer loans, collect payments, or facilitate any financial transactions.

No Affiliation with Banks

The interest rate ranges displayed on this website are compiled from publicly available sources for reference only. emi-elly has no affiliation, partnership, or sponsorship arrangement with any bank, NBFC, or financial institution mentioned or implied on this site.

Actual interest rates, processing fees, and loan eligibility are determined solely by your lender based on your profile and prevailing market conditions.

Accuracy of Results

While we use the standard reducing-balance EMI formula adopted by Indian banks, your actual loan EMI may differ due to:

  • Lender-specific rounding methods
  • Floating interest rate changes during the loan tenure
  • Prepayment charges, foreclosure fees, or other lender-specific charges
  • Moratorium periods or holiday months
  • GST or other taxes on processing fees

Always obtain a formal loan offer document (sanction letter) from your lender and read it carefully before signing.

Google AdSense Advertising

This website displays advertisements served by Google AdSense. emi-elly does not control, endorse, or take responsibility for the content of any advertisement displayed on this site. Advertisers are independent third parties. Clicking on an advertisement constitutes your agreement with the advertiser's terms, not emi-elly's.

Limitation of Liability

emi-elly, its owners, operators, and contributors shall not be held liable for any financial loss, missed opportunity, loan default, or any other direct or indirect consequence arising from reliance on the information, calculations, or tools provided on this website.

Contact

For questions regarding this disclaimer: legal@emielly.com