पर्सनल लोन EMI कैलकुलेटर
Personal loan EMI calculator
Unsecured loans cost more. See exactly how much before you borrow.
Runs in your browser · nothing uploaded
Monthly EMI
₹9,964
Total interest
₹58,715
Total payment
₹3.59 L
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | ₹88,325 | ₹31,247 | ₹2,11,675 |
| 2 | ₹99,526 | ₹20,045 | ₹1,12,149 |
| 3 | ₹1,12,149 | ₹7,423 | ₹0 |
How to use it
- 01Enter the amount you want to borrow.
- 02Enter the interest rate in your offer and the tenure.
- 03Read the EMI, the total interest and the yearly schedule.
₹3,00,000 · 12% · 3 years
EMI ₹9,964, total interest ₹58,715
About this tool
Personal loans have no collateral, so the rate is usually higher and the tenure shorter, often one to five years. The EMI follows the same reducing-balance formula as other loans, so you can see how a lower rate or a longer tenure moves the monthly payment and the total interest.
The ₹3 lakh, 12% and 3 years at the start are an example, not a current rate. Personal loan rates vary widely with the lender and your credit profile, and a processing fee is often charged up front; neither is included, so add the fee as a separate cost or use the loan comparison calculator.
It runs in your browser, and nothing is stored. Borrow only an amount whose EMI fits comfortably in your budget, and read the sanction letter for the real terms.
हिंदी में मदद
पर्सनल लोन की रकम, आपको मिली ब्याज दर और अवधि डालें और मासिक EMI व कुल ब्याज देखें। पेज पर भरे आँकड़े सिर्फ़ उदाहरण हैं, असली दर आपके बैंक और प्रोफ़ाइल पर निर्भर है। प्रोसेसिंग फ़ीस इसमें शामिल नहीं है।
Questions
How is a personal loan EMI calculated?
EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1) with r the monthly rate. ₹3,00,000 at 12% for 3 years is about ₹9,964 a month.
Why are personal loan rates higher?
The loan is unsecured, so the lender carries more risk. The rate depends on the lender, your income and your credit score.
Is 12% the rate I will get?
No. It's an example. Enter the rate in your offer letter.
Are processing fees included?
No. Fees are often 1–3% of the loan, taken up front, and raise the real cost. Use the loan comparison calculator to include them.