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Personal Loan EMI Calculator Online

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STEP 01

Required loan amount

STEP 02

Interest rate

%

Min 12%

Max 42%

STEP 03

Loan tenure
months

Min 12 months

Max 60 months

Personal Loan Calculator Summary

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Loan

Loan Amount

₹ 20,000

Interest Payable

₹ 1,324

Monthly EMI

₹ 1,777

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FAQs

How to use this EMI Calculator?

  • Use the slider to select the loan amount
  • Select the loan tenure in months using the slider
  • Use the slider to set the interest rate

The EMI will be calculated dynamically based on how you move/change the sliders. You can recalculate your EMI at any time by changing the input sliders.

What is an EMI?

EMI (Equated Monthly Instalment) is the fixed payment the borrower makes to the lender. EMIs pay back the principal and interest for each month, and the loan is fully repaid within a specified number of months or years.

What is an EMI Calculator?

An EMI calculator is a utility tool that helps you to calculate the amount you repay each month towards your loan. You can use the EMI calculator to calculate the EMI amount and analyse the total amount payable.

Low Processing Charges & Quick Loan Disbursals on Personal Loan