EMI Calculator
The EMI (Equated Monthly Installment) Calculator was designed to help users quickly estimate their monthly loan repayments for home, personal, and car loans. The aim was to create a user-friendly and interactive tool that offers financial clarity, trust, and convenience to users comparing multiple loan options.
Year :
2024
Industry :
Insurance
Client :
IFL
Project Duration :
6 weeks
Problem Statement
The main problem was that the existing EMI calculators were not easy to use or visually appealing.
People found them dull, cluttered, and confusing while trying to understand their loan details.
The design lacked clarity, structure, and modern aesthetics, which made the overall experience feel boring and complicated.
There was a need to create an EMI calculator that is simple, user-friendly, and visually attractive, so users can calculate and understand their EMIs with ease and confidence.
Research
Target Audience
• First-time home/car/personal loan seekers (Age 25–45)
• Working professionals exploring EMI plans
• Financial advisors explaining breakdowns to clients
Research method
• 10 user interviews
• Survey of 50 loan seekers via Google Form
• Competitive benchmarking
Pain Points
01
Lack of visual breakdown
02
Lack of visual breakdown
01
Overwhelming design
User Quotes
“I just want to know how much I’ll pay monthly without understanding finance terms.”
“If I increase tenure, how does my total payment change?”
“I just want to know how much I’ll pay monthly without understanding finance terms.”
“If I increase tenure, how does my total payment change?”
“I just want to know how much I’ll pay monthly without understanding finance terms.”
“If I increase tenure, how does my total payment change?”
Competitive Analysis
I reviewed EMI calculators from HDFC, ICICI, Bajaj Finserv, and BankBazaar. While most perform well functionally, they lack smoothness, visual clarity, and interactivity. This analysis revealed what users value — quick, reliable results — and what frustrates them — cluttered layouts and poor visuals. These insights shaped the vision for a modern, simple, and user-friendly calculator.
HDFC EMI Calculator
Pros
Functional, quick results
Accurate EMI calculations
Cons
Text-heavy, lacks visual clarity
Outdated design with poor hierarchy
ICICI EMI Calculator
Pros
Simple input flow with few steps
Reliable and trusted brand for calculations
Cons
No chart or graphical EMI representation
Very basic design with minimal visual hierarchy
Bajaj Finserv
Pros
Modern and colorful UI
Provides multiple loan options on one page
Cons
Overuse of ads and pop-ups distracts users
Too many CTAs create confusion
Opportunity
There’s a clear opportunity to design an EMI calculator that blends visual appeal, clarity, and real-time interaction. Most existing tools focus only on results, not the user experience. By making it more engaging, easy to understand, and responsive, we can turn a complex financial task into a simple and satisfying experience.
Design Challenges
• Translate complex financial data into simple and easy-to-understand visuals.
• Create a trustworthy and modern aesthetic that aligns with financial brand standards.
• Work within an existing design system, which limited the ability to modify certain components or introduce new styles — requiring creative use of existing UI elements to maintain consistency.
• Ensure accessibility and responsiveness across all devices.
• Balance performance with smooth animations for a seamless experience.
Solution
The goal was to design an EMI calculator that feels simple, interactive, and trustworthy. The new design focuses on making complex financial data easy to understand through a clean layout, intuitive controls, and clear visuals. By using sliders, tooltips, and data visualization, users can instantly see how their EMI changes without getting lost in numbers. The interface maintains a modern aesthetic within the limits of the existing design system, using familiar components in smarter, more user-friendly ways.
The goal was to design an EMI calculator that feels simple, interactive, and trustworthy. The new design focuses on making complex financial data easy to understand through a clean layout, intuitive controls, and clear visuals. By using sliders, tooltips, and data visualization, users can instantly see how their EMI changes without getting lost in numbers. The interface maintains a modern aesthetic within the limits of the existing design system, using familiar components in smarter, more user-friendly ways.
Two-Panel Layout
Inputs on the left and real-time results on the right for clear focus.
Interactive Sliders
Instantly update EMI calculations, giving users control and feedback
Visual Breakdown
Donut chart shows the split between principal and interest clearly
Modern Aesthetic
Calming blue tones, clean typography, and balanced spacing to build trust
Design System Adaptation
Improved hierarchy and clarity without altering core components
Guided Actions
Action-driven CTAs like ‘Download Report’ guide users forward
Solution
The goal was to design an EMI calculator that feels simple, interactive, and trustworthy. The new design focuses on making complex financial data easy to understand through a clean layout, intuitive controls, and clear visuals. By using sliders, tooltips, and data visualization, users can instantly see how their EMI changes without getting lost in numbers. The interface maintains a modern aesthetic within the limits of the existing design system, using familiar components in smarter, more user-friendly ways.
Two-Panel Layout
Inputs on the left and real-time results on the right for clear focus.
Interactive Sliders
Instantly update EMI calculations, giving users control and feedback
Visual Breakdown
Donut chart shows the split between principal and interest clearly
Modern Aesthetic
Calming blue tones, clean typography, and balanced spacing to build trust
Design System Adaptation
Improved hierarchy and clarity without altering core components
Guided Actions
Action-driven CTAs like ‘Download Report’ guide users forward
Iterations 1 → 2
• Refined spacing between sliders for improved visual balance and usability
• Introduced tooltips to enhance user understanding with upfront insights
• Used orange for the right-side section, where the legend appears first, followed by the chart and additional information
below to maintain clear structure
Iterations 2 Final
• Added micro-interactions to the chart for a smoother and more engaging user experience
• Applied a light blue tone to the right section to enhance visual appeal and create a balanced, modern look
• chart at the top, legend below, and total payment, interest, and principal details on the right—to create a clear visual hierarchy
Client Feedback
"The new EMI Calculator has transformed the way our customers interact with financial tools. With a strong focus on user experience, accessibility, and clear information flow, it has made complex calculations effortless. It perfectly reflects our brand’s commitment to transparency and ease. We’re impressed by how seamlessly it blends functionality with simplicity — faster, more intuitive, and consistently receiving great feedback from our customers."
Key Learning
1-Simplicity and visual clarity build user trust
3-Visual storytelling simplifies complex data
2-Micro-interactions make financial tools more human
4-Early testing saves time on later redesigns
EMI Calculator
The EMI (Equated Monthly Installment) Calculator was designed to help users quickly estimate their monthly loan repayments for home, personal, and car loans. The aim was to create a user-friendly and interactive tool that offers financial clarity, trust, and convenience to users comparing multiple loan options.
Year :
2024
Industry :
Insurance
Client :
IFL
Project Duration :
6 weeks
Problem Statement
The main problem was that the existing EMI calculators were not easy to use or visually appealing.
People found them dull, cluttered, and confusing while trying to understand their loan details.
The design lacked clarity, structure, and modern aesthetics, which made the overall experience feel boring and complicated.
There was a need to create an EMI calculator that is simple, user-friendly, and visually attractive, so users can calculate and understand their EMIs with ease and confidence.
Research
Target Audience
• First-time home/car/personal loan seekers (Age 25–45)
• Working professionals exploring EMI plans
• Financial advisors explaining breakdowns to clients
Research method
• 10 user interviews
• Survey of 50 loan seekers via Google Form
• Competitive benchmarking
Pain Points
01
Lack of visual breakdown
02
Lack of visual breakdown
01
Overwhelming design
User Quotes
“I just want to know how much I’ll pay monthly without understanding finance terms.”
“If I increase tenure, how does my total payment change?”
“I just want to know how much I’ll pay monthly without understanding finance terms.”
“If I increase tenure, how does my total payment change?”
“I just want to know how much I’ll pay monthly without understanding finance terms.”
“If I increase tenure, how does my total payment change?”
Competitive Analysis
I reviewed EMI calculators from HDFC, ICICI, Bajaj Finserv, and BankBazaar. While most perform well functionally, they lack smoothness, visual clarity, and interactivity. This analysis revealed what users value — quick, reliable results — and what frustrates them — cluttered layouts and poor visuals. These insights shaped the vision for a modern, simple, and user-friendly calculator.
HDFC EMI Calculator
Pros
Functional, quick results
Accurate EMI calculations
Cons
Text-heavy, lacks visual clarity
Outdated design with poor hierarchy
ICICI EMI Calculator
Pros
Simple input flow with few steps
Reliable and trusted brand for calculations
Cons
No chart or graphical EMI representation
Very basic design with minimal visual hierarchy
Bajaj Finserv
Pros
Modern and colorful UI
Provides multiple loan options on one page
Cons
Overuse of ads and pop-ups distracts users
Too many CTAs create confusion
Opportunity
There’s a clear opportunity to design an EMI calculator that blends visual appeal, clarity, and real-time interaction. Most existing tools focus only on results, not the user experience. By making it more engaging, easy to understand, and responsive, we can turn a complex financial task into a simple and satisfying experience.
Design Challenges
• Translate complex financial data into simple and easy-to-understand visuals.
• Create a trustworthy and modern aesthetic that aligns with financial brand standards.
• Work within an existing design system, which limited the ability to modify certain components or introduce new styles — requiring creative use of existing UI elements to maintain consistency.
• Ensure accessibility and responsiveness across all devices.
• Balance performance with smooth animations for a seamless experience.
Solution
The goal was to design an EMI calculator that feels simple, interactive, and trustworthy. The new design focuses on making complex financial data easy to understand through a clean layout, intuitive controls, and clear visuals. By using sliders, tooltips, and data visualization, users can instantly see how their EMI changes without getting lost in numbers. The interface maintains a modern aesthetic within the limits of the existing design system, using familiar components in smarter, more user-friendly ways.
The goal was to design an EMI calculator that feels simple, interactive, and trustworthy. The new design focuses on making complex financial data easy to understand through a clean layout, intuitive controls, and clear visuals. By using sliders, tooltips, and data visualization, users can instantly see how their EMI changes without getting lost in numbers. The interface maintains a modern aesthetic within the limits of the existing design system, using familiar components in smarter, more user-friendly ways.
Two-Panel Layout
Inputs on the left and real-time results on the right for clear focus.
Interactive Sliders
Instantly update EMI calculations, giving users control and feedback
Visual Breakdown
Donut chart shows the split between principal and interest clearly
Modern Aesthetic
Calming blue tones, clean typography, and balanced spacing to build trust
Design System Adaptation
Improved hierarchy and clarity without altering core components
Guided Actions
Action-driven CTAs like ‘Download Report’ guide users forward
Solution
The goal was to design an EMI calculator that feels simple, interactive, and trustworthy. The new design focuses on making complex financial data easy to understand through a clean layout, intuitive controls, and clear visuals. By using sliders, tooltips, and data visualization, users can instantly see how their EMI changes without getting lost in numbers. The interface maintains a modern aesthetic within the limits of the existing design system, using familiar components in smarter, more user-friendly ways.
Two-Panel Layout
Inputs on the left and real-time results on the right for clear focus.
Interactive Sliders
Instantly update EMI calculations, giving users control and feedback
Visual Breakdown
Donut chart shows the split between principal and interest clearly
Modern Aesthetic
Calming blue tones, clean typography, and balanced spacing to build trust
Design System Adaptation
Improved hierarchy and clarity without altering core components
Guided Actions
Action-driven CTAs like ‘Download Report’ guide users forward
Iterations 1 → 2
• Refined spacing between sliders for improved visual balance and usability
• Introduced tooltips to enhance user understanding with upfront insights
• Used orange for the right-side section, where the legend appears first, followed by the chart and additional information
below to maintain clear structure
Iterations 2 Final
• Added micro-interactions to the chart for a smoother and more engaging user experience
• Applied a light blue tone to the right section to enhance visual appeal and create a balanced, modern look
• chart at the top, legend below, and total payment, interest, and principal details on the right—to create a clear visual hierarchy
Client Feedback
"The new EMI Calculator has transformed the way our customers interact with financial tools. With a strong focus on user experience, accessibility, and clear information flow, it has made complex calculations effortless. It perfectly reflects our brand’s commitment to transparency and ease. We’re impressed by how seamlessly it blends functionality with simplicity — faster, more intuitive, and consistently receiving great feedback from our customers."
Key Learning
1-Simplicity and visual clarity build user trust
3-Visual storytelling simplifies complex data
2-Micro-interactions make financial tools more human
4-Early testing saves time on later redesigns
EMI Calculator
The EMI (Equated Monthly Installment) Calculator was designed to help users quickly estimate their monthly loan repayments for home, personal, and car loans. The aim was to create a user-friendly and interactive tool that offers financial clarity, trust, and convenience to users comparing multiple loan options.
Year :
2024
Industry :
Insurance
Client :
IFL
Project Duration :
6 weeks
Problem Statement
The main problem was that the existing EMI calculators were not easy to use or visually appealing.
People found them dull, cluttered, and confusing while trying to understand their loan details.
The design lacked clarity, structure, and modern aesthetics, which made the overall experience feel boring and complicated.
There was a need to create an EMI calculator that is simple, user-friendly, and visually attractive, so users can calculate and understand their EMIs with ease and confidence.
Research
Target Audience
• First-time home/car/personal loan seekers (Age 25–45)
• Working professionals exploring EMI plans
• Financial advisors explaining breakdowns to clients
Research method
• 10 user interviews
• Survey of 50 loan seekers via Google Form
• Competitive benchmarking
Pain Points
01
Lack of visual breakdown
02
Lack of visual breakdown
01
Overwhelming design
User Quotes
“I just want to know how much I’ll pay monthly without understanding finance terms.”
“If I increase tenure, how does my total payment change?”
“I just want to know how much I’ll pay monthly without understanding finance terms.”
“If I increase tenure, how does my total payment change?”
“I just want to know how much I’ll pay monthly without understanding finance terms.”
“If I increase tenure, how does my total payment change?”
Competitive Analysis
I reviewed EMI calculators from HDFC, ICICI, Bajaj Finserv, and BankBazaar. While most perform well functionally, they lack smoothness, visual clarity, and interactivity. This analysis revealed what users value — quick, reliable results — and what frustrates them — cluttered layouts and poor visuals. These insights shaped the vision for a modern, simple, and user-friendly calculator.
HDFC EMI Calculator
Pros
Functional, quick results
Accurate EMI calculations
Cons
Text-heavy, lacks visual clarity
Outdated design with poor hierarchy
ICICI EMI Calculator
Pros
Simple input flow with few steps
Reliable and trusted brand for calculations
Cons
No chart or graphical EMI representation
Very basic design with minimal visual hierarchy
Bajaj Finserv
Pros
Modern and colorful UI
Provides multiple loan options on one page
Cons
Overuse of ads and pop-ups distracts users
Too many CTAs create confusion
Opportunity
There’s a clear opportunity to design an EMI calculator that blends visual appeal, clarity, and real-time interaction. Most existing tools focus only on results, not the user experience. By making it more engaging, easy to understand, and responsive, we can turn a complex financial task into a simple and satisfying experience.
Design Challenges
• Translate complex financial data into simple and easy-to-understand visuals.
• Create a trustworthy and modern aesthetic that aligns with financial brand standards.
• Work within an existing design system, which limited the ability to modify certain components or introduce new styles — requiring creative use of existing UI elements to maintain consistency.
• Ensure accessibility and responsiveness across all devices.
• Balance performance with smooth animations for a seamless experience.
Solution
The goal was to design an EMI calculator that feels simple, interactive, and trustworthy. The new design focuses on making complex financial data easy to understand through a clean layout, intuitive controls, and clear visuals. By using sliders, tooltips, and data visualization, users can instantly see how their EMI changes without getting lost in numbers. The interface maintains a modern aesthetic within the limits of the existing design system, using familiar components in smarter, more user-friendly ways.
The goal was to design an EMI calculator that feels simple, interactive, and trustworthy. The new design focuses on making complex financial data easy to understand through a clean layout, intuitive controls, and clear visuals. By using sliders, tooltips, and data visualization, users can instantly see how their EMI changes without getting lost in numbers. The interface maintains a modern aesthetic within the limits of the existing design system, using familiar components in smarter, more user-friendly ways.
Two-Panel Layout
Inputs on the left and real-time results on the right for clear focus.
Interactive Sliders
Instantly update EMI calculations, giving users control and feedback
Visual Breakdown
Donut chart shows the split between principal and interest clearly
Modern Aesthetic
Calming blue tones, clean typography, and balanced spacing to build trust
Design System Adaptation
Improved hierarchy and clarity without altering core components
Guided Actions
Action-driven CTAs like ‘Download Report’ guide users forward
Solution
The goal was to design an EMI calculator that feels simple, interactive, and trustworthy. The new design focuses on making complex financial data easy to understand through a clean layout, intuitive controls, and clear visuals. By using sliders, tooltips, and data visualization, users can instantly see how their EMI changes without getting lost in numbers. The interface maintains a modern aesthetic within the limits of the existing design system, using familiar components in smarter, more user-friendly ways.
Two-Panel Layout
Inputs on the left and real-time results on the right for clear focus.
Interactive Sliders
Instantly update EMI calculations, giving users control and feedback
Visual Breakdown
Donut chart shows the split between principal and interest clearly
Modern Aesthetic
Calming blue tones, clean typography, and balanced spacing to build trust
Design System Adaptation
Improved hierarchy and clarity without altering core components
Guided Actions
Action-driven CTAs like ‘Download Report’ guide users forward
Iterations 1 → 2
• Refined spacing between sliders for improved visual balance and usability
• Introduced tooltips to enhance user understanding with upfront insights
• Used orange for the right-side section, where the legend appears first, followed by the chart and additional information
below to maintain clear structure
Iterations 2 Final
• Added micro-interactions to the chart for a smoother and more engaging user experience
• Applied a light blue tone to the right section to enhance visual appeal and create a balanced, modern look
• chart at the top, legend below, and total payment, interest, and principal details on the right—to create a clear visual hierarchy
Client Feedback
"The new EMI Calculator has transformed the way our customers interact with financial tools. With a strong focus on user experience, accessibility, and clear information flow, it has made complex calculations effortless. It perfectly reflects our brand’s commitment to transparency and ease. We’re impressed by how seamlessly it blends functionality with simplicity — faster, more intuitive, and consistently receiving great feedback from our customers."
Key Learning
1-Simplicity and visual clarity build user trust
3-Visual storytelling simplifies complex data
2-Micro-interactions make financial tools more human
4-Early testing saves time on later redesigns