Personal Loan · EMI · Amortization

Personal Loan EMI Calculator —
Know Your Monthly Obligation

Personal loans in India range from 10.5% to 24% p.a. Even a 2% rate difference on ₹5 lakhs over 5 years costs ₹28,000 extra. Calculate and compare before you borrow.

EMI = [P × R × (1+R)^N] / [(1+R)^N-1]. Personal loan rates range from 10.5% (SBI) to 24% (NBFCs). Always compare total cost, not just EMI.
Personal Loan Details
Loan Amount
₹500,000
₹10K₹1Cr
Interest Rate
12% p.a.
5%36%
Loan Tenure
5 years
1 yr30 yrs
Monthly EMI
₹0
total interest: ₹0
Principal
₹0
Total Interest
₹0
Total Payment
₹0
Interest %
0%
Amortization Schedule (First 12 Months)
MonthEMI (₹)Principal (₹)Interest (₹)Balance (₹)