Personal Loan Calculator

Estimate monthly EMI payouts and interest rates on unsecured personal loans.

Inputs

Loan Amount (₹)

10,00050,00,000

Interest Rate (% p.a.)

535

Tenure (Years)

Monthly EMI

₹9,964

Total Interest Payable

₹58,715

Total Amount Payable

₹3,58,715

\displaystyle EMI = \frac{P \times r \times (1 + r)^n}{(1 + r)^n - 1}

Calculates the monthly EMI (Equated Monthly Installment) for personal loans using a standard reducing-balance amortized loan calculation.