Staff of Public sector units and Public Sector Banks sometime common man also got loans from their Employers or company on Simple Interest .Here you can calculate EMI you have to pay in two categories first Principal(Loan Amount) Payment and Interest generated at that time will kept aside. Now interest paid later with no further interest generated. Tenure or repayment period will be depend on employers. Mainly it is 3:1 for PSU and SBI 2:1(principal and interest). For Rate of Interest Rate and Ratio Kindly contact your HRM.