Personal Loan Calculator
Borrow for life's needs — without surprises.
See your monthly EMI and true cost of borrowing before you sign a personal loan agreement.
Enter your details
Loan amount
₹5.00 L
Interest rate (p.a.)
12.50 %
Tenure
3 years
Monthly EMI
₹16,727
Total interest
₹1.02 L
Total payment
₹6.12 L
Closes in
3.0 yrs
Principal vs interest83% / 17%
How it works
Understand every number
Why are personal loan rates higher?
Personal loans are unsecured — the bank has no collateral to fall back on, so rates run 10–18%.
Should I prepay a personal loan?
Almost always yes. High rates mean any early prepayment saves a lot of interest.
FAQ