Personal Loan EMI Calculator – Calculate Instantly & Plan Smart

Loan Details

Enter the loan amount, interest rate, and loan term to calculate your monthly payments and total interest.

$1,000 - $100,000 25,000
1% - 30% 6.5%
12 - 120 Months 60
Monthly Payment

₹483.03

Payment Breakdown

₹29,000

Total +15%

Principal

Interest

Total Interest Payable

₹4,000

Total Payment (Principal + Interest)

₹29,000

Effective Interest Rate

6.5%

Taking a personal loan? Know exactly what you’ll pay before you borrow. Our Personal Loan EMI Calculator lets you estimate your monthly EMIs, total interest, and overall repayment in seconds — no manual math, no guesswork.

Whether you’re borrowing ₹60,000 or ₹50 lakh for travel, education, weddings, or emergencies, this tool helps you plan confidently. It works perfectly for new loans, top-ups, and balance transfers.

 How to Use:

  1. Enter your loan amount (e.g. ₹5L, ₹10L, ₹35L)

  2. Set your interest rate (e.g. 11% per annum)

  3. Choose the loan tenure (in months/years)

  4. Hit Calculate to see your EMI, total repayment & interest

The calculator uses the standard EMI formula:
 EMI = [P × R × (1+R)^N] / [(1+R)^N – 1],
 where P = loan amount, R = monthly interest rate, and N = tenure in months.

 Example:

For a ₹15,00,000 loan at 12% interest for 5 years:

  • EMI = ₹33,367

  • Total Repayment = ₹20,02,020

  • Total Interest = ₹5,02,020

 Sample EMI Table

Loan Amount Tenure Interest Rate EMI (Approx.)
₹5 Lakh 5 Yrs 11% ₹10,870
₹10 Lakh 5 Yrs 11% ₹21,740
₹15 Lakh 5 Yrs 11% ₹32,610
₹35 Lakh 7 Yrs 11% ₹59,380

 Why Use This Tool?

  •  Instant, accurate results

  •  100% free & mobile-friendly

  •  Works for any loan size or tenure

  •  No login, no ads – just clean calculations

  •  Ideal as a personal loan calculator India

 Plan Smarter with Key Scenarios

Use the tool to calculate for:

  • 5 lakh loan EMI for 5 years

  • 8 lakh personal loan EMI for 10 years

  • 50 lakh personal loan EMI

  • 60000 loan EMI calculator

  • And many more combinations

 FAQs

Q: Are personal loans secured?
 A: No, they’re unsecured – no collateral needed.

Q: Will my EMI remain constant?
 A: Yes, for fixed interest loans. Floating-rate loans may vary.

Q: How to get the lowest personal loan rate?
 A: Maintain a credit score of 750+, stable income, and good repayment history.

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