Personal Loan EMI Calculator
Compute monthly EMI for an unsecured personal loan from principal, interest rate, and tenure. Compare offers before applying to banks or NBFCs.
- Last reviewed:
- Source
- Indian tax and finance tools use slabs and rates from official government publications (e.g. Income Tax Department) and widely accepted financial formulas. Rates are reviewed when regulations change.
- Official references
- Disclaimer
- Results are estimates for planning purposes only. Not financial, legal, tax, or medical advice. Verify with a qualified professional before making decisions.
Not live yet. We're building this
Personal Loan EMI Calculator is in our catalog (635 tools live today, 415 planned). Use a similar live tool below while we finish this one.
Personal Loan EMI Calculator
Calculate personal loan EMI, total interest, and repayment schedule.
Planned category: finance · india loans
Try these live tools instead
Home Loan EMI Calculator
LiveEstimate amounts instantly with standard formulas. No signup.
finance · Browser-based
CTC to In-Hand Salary Calculator
LiveEstimate amounts instantly with standard formulas. No signup.
finance · Browser-based
Income Tax Calculator New Regime FY25-26
LiveEstimate amounts instantly with standard formulas. No signup.
finance · Browser-based
Home Loan Prepayment Calculator
LiveEstimate amounts instantly with standard formulas. No signup.
finance · Browser-based
Stamp Duty Maharashtra Calculator
LiveEstimate amounts instantly with standard formulas. No signup.
finance · Browser-based
FOIR Eligibility Calculator
LiveEstimate amounts instantly with standard formulas. No signup.
finance · Browser-based
Formula & method
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1), where P = loan amount, r = monthly rate, n = months.
Examples
- ₹5,00,000 at 12% for 5 years → EMI ≈ ₹11,100/month (illustrative)
- Shorter tenure reduces total interest but raises EMI
Wrong result? Report an issue · Methodology
How to Use
- Enter the loan amount you plan to borrow.
- Enter the annual interest rate from your lender.
- Set tenure in years and review EMI and total interest.
Frequently Asked Questions
What rate should I use?
Personal loan rates vary by credit score and lender, use the rate from your pre-approved offer or bank website.