Personal Loan Calculator

1. Enter your desired loan amount using the slider or by typing directly into the field.
2. Select your preferred repayment tenure in months or years.
3. Enter the applicable interest rate. Use your lender's quoted rate or the indicative rate from your loan comparison.
4. Click "Calculate" to see your estimated monthly EMI, total interest payable, and total loan cost.
5. Adjust the inputs to compare different scenarios — shorter tenure vs. longer tenure, or different loan amounts — before choosing your loan.

• Improve your CIBIL score before applying — a score above 750 typically qualifies for the lowest available rates.
• Choose a longer repayment tenure — this reduces the monthly EMI, though total interest paid increases.
• Borrow only what you need — a smaller principal directly reduces the EMI.
• Compare lenders — rates vary across banks and NBFCs; a lower rate reduces both EMI and total repayment cost.
• Make a part-prepayment — reducing the outstanding principal mid-tenure either lowers subsequent EMIs or shortens the tenure, depending on the lender's policy.
• Negotiate with your lender if you have a strong repayment history or an existing relationship with the bank.

*Disclaimer: The above EMI figures are indicative, calculated at 12% p.a. for illustration only. Actual EMI will vary based on the lender-approved interest rate, processing fees, and loan terms.*