PERSONAL LOAN CALCULATOR
Calculate Your Personal Loan EMI
Estimate your monthly EMI, total interest, total repayment and processing cost before you apply.
₹
₹10,000₹1 Crore
%
1%40%
Years
1 Year7 Years
%
₹
Monthly EMI₹0
Total Interest₹0
Total Repayment₹0
Processing Fee₹0
Other Charges₹0
Estimated Net Disbursal₹0
0%Principal
Principal ₹0
Interest ₹0
Indicative calculation. Actual lender EMI, fees, taxes, insurance and other charges may differ.
Year-wise Repayment Schedule
Compare Two Personal Loan Options
Loan A
Loan B
Personal Loan Prepayment Calculator
How Personal Loan EMI Is Calculated
Personal loan EMI is generally calculated using the reducing-balance method:
EMI = P × r × (1 + r)n ÷ [(1 + r)n − 1]
P = Loan principal r = Monthly interest rate n = Number of monthly instalments
Factors That Affect Personal Loan EMI
Loan AmountHigher borrowing generally increases EMI.
Interest RateA higher rate increases total borrowing cost.
TenureA longer tenure can reduce EMI but may increase total interest.
Credit ProfileYour profile can influence lender eligibility and offered terms.