Personal Loan EMI Calculator
Estimate your monthly EMI, total interest payable, and total payment for your personal loan
Select Bank Interest Rate
Loan Details
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The amount you want to borrow
₹ 50,000₹ 20,00,000
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Annual interest rate offered by the bank
8%24%
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Duration of your personal loan
years
1 years5 years
Personal Loan Results
₹5,00,000 at 12% for 3 years
Monthly EMI
₹0
For a loan amount of ₹5,00,000
Principal Amount
₹5,00,000
Total Interest
₹0
0% of principal
Interest Rate
12%
Flat rate per annum
Loan Tenure
3 Years
36 Monthly Installments
Total Amount Payable₹0
Principal: Infinity%Interest: NaN%
Year-by-Year Payment Schedule
| Year | Principal Paid | Interest Paid | Balance |
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Personal Loan Tips
Personal loans can be a convenient financing option, but it's important to borrow responsibly. Here are some tips:
Compare Interest Rates
Shop around for the best rates, even small differences can save you thousands
Check Hidden Fees
Look for processing fees, prepayment penalties, and late payment charges
Borrow Only What You Need
Avoid overborrowing, as this increases your overall debt burden