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Easy EMI Calculator

by Synamen


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An equated monthly installment (EMI) is a fixed payment amount consist of both interest and the principal paid by the customer every month for the purchase done on a store. Easy EMI Calculator will display the EMI plans for different banks or other lenders and different payment durations (in months) for each product on the product details page.

Store owners can create the list of banks for which they are providing EMI and the number of months and interest rates for each bank from the Magento admin. The system will automatically calculate the EMI amount specific to each product based on the product's selling price.



  • Different designs for mobile and desktop views to make it simple for users.
  • Separate admin grids to manage banks, tenure and interest rates.
  • EMI can be disabled/enabled at any time from the admin configuration.
  • From the list of EMIs available for a product, the least EMI value is picked and displayed for each product as "EMI starts from".
  • Customers can easily view the EMI plans of products on a single screen.
  • No conflicts with the theme, as the module was tested in multiple themes.
  • Detailed calculation of the product's initial price, interest paid and total for each bank and tenure will be shown in the pop-up.
  • It will also display the number of EMI, its interest in percentage and installment amount per month.
  • Customers can select a bank and a tenure to see the EMI calculations.
  • The EMI pop-up design will adjust according to the number of banks and tenure added in the admin.

Technical Specifications

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Seller profile


Seller contact



Current Version


Magento platform compatibility

Open Source (CE): 2.3


Stable Build


11 December, 2019


Extensions, Content & Customizations, Product Content


User Guides

License Type

GNU General Public License 3.0 (GPL-3.0)


Privacy Policy

Quality Report

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Installation & Varnish Tests


Coding Standard


Plagiarism Check


Malware Check


Marketing Review


Manual Testing


All tests were conducted on the latest versions of Magento that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.

Release Notes

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  • Compatible with Open Source (CE) : 2.3
  • Stability: Stable Build
  • Description:

    Functionality to add Banks, Rates, and Tenure in the admin. Configuration to enable and disable the extension. Dynamic EMI calculation and effective design for the mobile view.


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Q & A

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