CalcPersonal Loan Calculator
Monthly Payment
₹483.03
Payment Breakdown
₹29,000
Principal
Interest
Total Interest
Payable
₹4,000
Total Payment
(Principal + Interest)
₹29,000
Effective
Interest Rate
6.5%
| Month/Year | Principal | Interest | EMI | Balance |
|---|
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:
- Enter your loan amount (e.g. ₹5L, ₹10L, ₹35L)
- Set your interest rate (e.g. 11% per annum)
- Choose the loan tenure (in months/years)
- 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
Explore More Tools:
FAQs
No, they’re unsecured – no collateral needed.
Yes, for fixed interest loans. Floating-rate loans may vary.
Maintain a credit score of 750+, stable income, and good repayment history.