How frequently can I change my EMI amount with the calculator?

The Mudra Loan EMI Calculator is designed to allow you to change the EMI amount as often as needed. You can input different loan amounts, interest rates, and tenures to see how your EMI changes. This flexibility lets you plan your finances better by comparing different repayment options. However, note that once you have agreed to an EMI amount with your lender and signed the loan agreement, you cannot frequently change the EMI without the lender’s consent. Any changes to the repayment terms usually involve renegotiating the loan or opting for prepayment or loan restructuring. The calculator is mainly for planning and estimating your loan repayment ability and cannot alter the actual EMI once the loan is finalised.