Loan Calculator

Personal Loan EMI Calculator

Plan your loan repayment with confidence. Calculate your monthly EMI, total interest payable, and total payment amount for your personal loan instantly.

Enter Loan Details

Fill in the fields below to calculate your EMI

Loan Amount (₹)

₹

Interest Rate (% per annum)

Loan Tenure

Enter loan duration in years or months

Processing Fee (%)

Optional: Enter processing fee percentage (if applicable)

Your EMI Calculation Results

Enter your loan details and click "Calculate EMI" to see your monthly payment breakdown.

Monthly EMI amount Total interest payable Amortization schedule

EMI Formula

EMI = P × r × (1+r)^n / ((1+r)^n - 1)
Where P = Loan Amount, r = Monthly interest rate, n = Number of monthly installments

Smart Borrowing Tips

Compare EMI offers from different lenders. A lower interest rate or longer tenure can reduce your monthly EMI, but you'll pay more interest overall.