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EMIR is a user-friendly mobile application designed to calculate the Equated Monthly Installments (EMI) for two-wheelers. The app is ideal for anyone who is planning to purchase a new or used two-wheeler and wants to know the monthly installment amount they would need to pay towards the loan.

The EMIR app has a simple and intuitive interface that makes it easy for users to input the necessary details required for calculating the EMI. Users can enter the loan amount, loan tenure, and the interest rate to get an accurate estimate of the EMI they need to pay. The app also provides a detailed breakdown of the interest and principal components of the EMI, making it easier for users to understand the payment structure.

One of the key features of the EMIR app is its ability to provide users with the flexibility to adjust the loan amount, tenure, and interest rate to determine the most suitable EMI plan. Users can compare different scenarios to identify the most affordable option that suits their budget and financial requirements.

The EMIR app also includes a loan amortization table that displays the payment schedule for the entire loan tenure, including the outstanding loan amount, interest component, and principal component. This feature helps users keep track of their payment schedule and understand the overall cost of the loan.

Overall, EMIR is a reliable and user-friendly app that simplifies the process of calculating EMIs for two-wheelers. It provides accurate estimates, detailed payment breakdowns, and the flexibility to adjust loan parameters, making it an essential tool for anyone looking to finance their two-wheeler purchase.