HDFC Credit Card EMI Calculator

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MONTHS
%
Yearly/monthly repayment schedule
2025
MonthBeginning balanceEMIPrincipalInterestEnding Balance
Mar20,00,00067,38845,72121,66719,54,279
Apr19,54,27967,38846,21721,17119,08,062
May19,08,06267,38846,71720,67118,61,345
Jun18,61,34567,38847,22320,16518,14,122
Jul18,14,12267,38847,73519,65317,66,387
Aug17,66,38767,38848,25219,13617,18,135
Sep17,18,13567,38848,77518,61316,69,360
Oct16,69,36067,38849,30318,08516,20,057
Nov16,20,05767,38849,83717,55115,70,220
Dec15,70,22067,38850,37717,01115,19,843
2026
MonthBeginning balanceEMIPrincipalInterestEnding Balance
Jan15,19,84367,38850,92316,46514,68,920
Feb14,68,92067,38851,47515,91314,17,445
Mar14,17,44567,38852,03215,35613,65,413
Apr13,65,41367,38852,59614,79213,12,817
May13,12,81767,38853,16614,22212,59,651
Jun12,59,65167,38853,74213,64612,05,909
Jul12,05,90967,38854,32413,06411,51,585
Aug11,51,58567,38854,91212,47610,96,673
Sep10,96,67367,38855,50711,88110,41,166
Oct10,41,16667,38856,10911,2799,85,057
Nov9,85,05767,38856,71610,6719,28,341
Dec9,28,34167,38857,33110,0578,71,010
2027
MonthBeginning balanceEMIPrincipalInterestEnding Balance
Jan8,71,01067,38857,9529,4368,13,058
Feb8,13,05867,38858,5808,8087,54,478
Mar7,54,47867,38859,2148,1746,95,264
Apr6,95,26467,38859,8567,5326,35,408
May6,35,40867,38860,5046,8845,74,904
Jun5,74,90467,38861,1606,2285,13,744
Jul5,13,74467,38861,8225,5664,51,922
Aug4,51,92267,38862,4924,8963,89,430
Sep3,89,43067,38863,1694,2193,26,261
Oct3,26,26167,38863,8533,5342,62,408
Nov2,62,40867,38864,5452,8431,97,863
Dec1,97,86367,38865,2442,1441,32,619
2028
MonthBeginning balanceEMIPrincipalInterestEnding Balance
Jan1,32,61967,38865,9511,43766,668
Feb66,66867,38866,6667222
EMI payable
Total Interest
Payable amount

Managing credit card payments can be challenging, especially when dealing with high outstanding balances. HDFC Bank offers a variety of credit cards tailored to different financial needs, allowing users to spend within a pre-approved limit and repay as per the billing cycle. However, to make repayments more manageable, the HDFC Credit Card EMI Calculator is a valuable tool. 

It helps convert outstanding dues into easy EMIs, offering a clear view of the repayment schedule, interest rates, and tenure. In this blog, we’ll explore how this tool works, its key features, and the benefits it offers for seamless financial planning.

How Does HDFC Credit Card EMI Calculator Work?

The HDFC credit card EMI calculator makes financial planning easy by employing three parameters- principal, interest rate, and tenure to determine EMIs. It employs the reducing balance formula to deliver precise calculations where interest is paid on only the outstanding principal. 

This simple method assists you in analyzing varying repayment schedules and choosing the most appropriate terms for your money objectives. It is often a great tool to pay credit card charges with ease and minimal tension.

How To Use HDFC Credit Card EMI Calculator?

HDFC Credit Card EMI Calculator is a user-friendly tool for calculating the monthly instalment amount without any professional know-how. Follow the below stuff to use the Cleartax HDFC Bank credit card EMI calculator:

  • Principal Amount: It refers to the credit limit borrowed in a loan while making payments without paying interest charges and extra fees.
  • Choose the Loan Tenure: Select the number of months or repayment term you wish to use to repay the loan.
  • Enter Interest Rate: Enter the interest rate (APR) charged by HDFC Bank on the loan amount.

Formula For Calculating HDFC Credit Card EMI

The HDFC Bank credit card uses the following formula to calculate the monthly instalment amount: 

EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

where,

  • P = Principal amount
  • R = Interest rate per month (divide the annual interest rate by 12)
  • N = Number of monthly instalments or loan tenure in months

Let us assume you buy a premium product worth Rs. 1.5 lakhs using your HDFC Bank Credit card. You wish to pay in the form of EMI for 2 years against the APR of 12%. Then, you can apply the EMI formula as presented below in the form of the following steps:

P = Rs. 1,50,000
R = 12% p.a.
N = 2 years (24 months)

Hence, your total interest for the tenure will be Rs. 19,465, and your EMI will be calculated as Rs. 7,061. Your overall amount will be Rs. 1,69,465.

Advantages Of HDFC Bank Credit Card EMI Calculator

Here are the key benefits of using the HDFC Bank credit card EMI interest rate calculator:

  • Flexible Calculations: Easily estimate EMIs based on loan amount, interest rate, and repayment tenure to make informed financial decisions.
  • Smart Financial Planning:  Provides multiple EMI options, helping you choose the most suitable repayment plan for your needs.
  • Quick & Accurate Results: Performs complex calculations instantly, making it a convenient tool even for non-financial experts.
  • User-Friendly & Accessible: Available online anytime, allowing you to calculate EMIs effortlessly from anywhere.
  • Amortization Schedule:  Generates a detailed breakdown of outstanding balance and interest paid, offering complete transparency on repayments.

Factors Affecting HDFC Credit Card EMI

The following three primary factors influence the HDFC Bank credit card:

  • The outstanding amount, where higher dues lead to larger EMIs.
  • The rate of interest or APR, which differs depending on your credit history and lender's policies, has a direct effect on the repayment.
  • Loan tenure, as longer repayment periods, reduces the monthly EMI but increases the total.

HDFC Credit Card Interest Rates and Tenure

HDFC credit cards have a minimum monthly interest rate starting at 3.75%, with rates varying according to the card type and the customer's credit profile. The APR, or annual interest rate, may go as high as about 45% based on the monthly interest rate.

In addition, the tenure of repaying your credit card dues is decided by the card’s monthly billing cycle. The interest is not charged if the amount is repaid within the period. And if you wish to convert the transactions into EMIs, your repayment period may begin from 3 to 24 months based on your preference.

Mistakes To Avoid While Using HDFC Bank Credit Card EMI Calculator

In order to get precise outcomes from the HDFC credit card smart EMI calculator, heed the following precautions:

  • Enter Correct Information: To get accurate calculations, make sure you enter the loan amount, interest rate, and repayment period correctly.
  • Take into consideration Additional Charges: Keep in mind that there might be additional fees or charges aside from the one calculated, that can influence your overall repayment figure.
  • Update for Interest Rate Changes: If you have chosen a floating interest rate, use the calculator frequently to remain informed about any changes and to calculate the EMI correctly.

The HDFC Credit Card EMI Calculator is a useful tool for breaking credit card dues into manageable monthly payments. With the input of information such as the outstanding balance, rate of interest, and repayment period, users can calculate their Equated Monthly Installment (EMI) instantly. This aids in proper financial planning, allowing for improved debt management and long-term financial security.

                                         Related Credit Card EMI Calculators
SBI Credit Card EMI CalculatorICICI Credit Card EMI CalculatorAxis Bank Credit Card EMI CalculatorKotak Credit Card EMI Calculator

Frequently Asked Questions

What is the HDFC credit card EMI interest rate?

The HDFC Bank credit card interest rate starts at 3.6% monthly, depending on the type of card and the user’s creditworthiness.

How is EMI calculated in HDFC?

The HDFC Bank EMI is calculated using the formula: EMI = [P x R x (1+R)^N] / [(1+R)^N-1], where P is the principal, R is the monthly interest rate, and N is the tenure.

How is EMI calculated on credit cards?

The credit card EMI is calculated using the outstanding amount, interest rate, chosen tenure, and the reducing balance method.

How much credit card interest per month?

The credit card interest rate per month usually ranges from 1% to 2%, depending on the terms and conditions of the credit card issuer. It’s the annual rate divided by 12.

How many days to pay the credit card bill HDFC?

HDFC Bank offers a 10 to 15-day repayment period for credit card bills, depending on the billing cycle and transaction date. Other credit card issuers will have their own repayment tenure.

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