TV EMI Calculator
A television is one of the few purchases where a meaningful part of the cost arrives after the invoice. Wall mounting, a bracket and installation are usually billed by the installer, not the seller, and none of it is financed. Enter the TV price here and budget those separately.
Starting value is an example, not a quoted price. Enter the price you are offered.
Deducted from the price before financing, like a down payment.
Large-screen TV offers often carry 0% to 16% a year.
Charged upfront by the bank or lender, not part of the EMI.
Monthly EMI
₹5,387
for 1 year
Financed amount
₹60,000
Total interest
₹4,647
Total cost
₹64,647
Down payment + EMIs + fee
Financed amount vs interest
- Principal
- ₹60,000 (92.8%)
- Total interest
- ₹4,647 (7.2%)
Compare tenures
| Tenure | EMI | Total interest | Total payment |
|---|---|---|---|
| 12 months | ₹5,387 | ₹4,647 | ₹64,647 |
| 18 months | ₹3,715 | ₹6,868 | ₹66,868 |
| 24 months | ₹2,881 | ₹9,138 | ₹69,138 |
| 36 months | ₹2,051 | ₹13,821 | ₹73,821 |
Monthly EMI
₹5,387
1 year
- What it is:
- An EMI calculator for televisions.
- What it calculates:
- The monthly instalment after any down payment, and the total cost of the plan.
Assumptions
- Wall mounting and installation are usually billed separately by the installer.
- Cashback arrives after purchase and does not change the EMI.
- Large-screen models often carry the best no-cost terms.
How it works
Only the invoice value is financed. Wall mounting brackets, installation labour, a soundbar bought separately and any HDMI cabling are typically paid in cash on the day, so the EMI understates what the television actually costs you.
Screen size drives the offer. Large-format models carry the deepest festive discounts and the most generous no-cost terms, because that is where margins and competition are highest. The same brand's smaller models often have no offer at all.
Festive-season TV deals usually combine a no-cost EMI with a bank cashback. The cashback does not touch the EMI - it is credited to the card afterwards and reduces your effective cost, not your instalment. Model the EMI at 0% and treat the cashback as a separate rebate.
Exchange offers on older televisions exist but pay considerably less than phone trade-ins. Where offered, the value is deducted before financing.
Formula
Financed amount = price - down payment - exchange value; EMI = P x r x (1+r)^n / ((1+r)^n - 1)
- P
- = financed amount
- r
- = monthly interest rate = annual rate / 12 / 100
- n
- = tenure in months
Wall mounting and installation are billed by the installer and are not part of the financed amount. Add them to your own budget, not to the price field.
Example calculation
A ₹60,000 television with ₹10,000 down at 14% over 12 months
- Price
- ₹60,000
- Down payment
- ₹10,000
- Financed amount
- ₹50,000
- Interest rate
- 14% a year
- Tenure
- 1 year
- Monthly EMI
- ₹4,489
- Total interest
- ₹3,873
- Total cost
- ₹63,873
Frequently asked questions
Are installation charges financed?
Does a cashback offer change my EMI?
What tenure do TV offers usually run for?
Should I finance a soundbar with the TV?
Related calculators
Further reading
- What Is the Best Tenure for a Phone EMI?Longer phone EMIs cost more and often outlive the phone. How to pick a tenure, and why no-cost and financed plans need opposite answers.
- Is No-Cost EMI Really Free?How no-cost EMI is funded in India, the charges that survive the offer, and how to work out whether a particular one is genuinely free.
- No-Cost EMI or the Cash Discount?Indian retailers offer either no-cost EMI or a discount for paying upfront, rarely both. How to work out which one leaves you better off.
- How a Down Payment Changes Your Phone EMIWhat paying part of a phone's price upfront does to the instalment and the interest, and why trading in your old phone does the same job.
Reviewed by Pradipta Ray, Editor · Last updated