Can your child understand why a ₹60,000 loan costs ₹5,000 per month for 12 months?

EMI (Equated Monthly Installment) breaks a total amount into equal monthly payments. Abacus makes this division visual.

Here’s the promise: You’ll learn how abacus builds loan payment understanding.

🧩 Why EMI Matters

Loans are common for cars, homes, and education. Understanding monthly payments helps children plan budgets and avoid unaffordable debt.

🎯 How Abacus Teaches EMI

Division into equal groups: Show total beads, divide into month‑groups. Simple EMI (no interest): Total ÷ Months. Practice: “₹36,000 loan over 12 months. Monthly payment?” (₹3,000). “₹50,000 over 5 months.” (₹10,000). Add interest concept: “If interest adds ₹2,000 total, add that before dividing.”

💡 A Parent’s Activity

“My son wanted a ₹15,000 phone. He calculated that saving ₹1,250 per month for 12 months would work. He learned EMI before buying.”

You might wonder, “Is real EMI more complicated?” Yes — compound interest makes it complex. Start with simple division, then introduce interest.

❓ FAQ — EMI Calculation