Personal Loan EMI Calculator
Calculate your personal loan EMI instantly. Enter loan amount, interest rate, and tenure to get your monthly EMI and total interest payable.
Personal Loan Details
₹5.00 L
₹10,000₹40 Lakhs
12%
8%30%
3 Years
1 Year7 Years
Monthly EMI
₹16,607
Principal Amount
₹5.00 L
Total Interest
₹97,858
Total Payment
₹5.98 L
Payment Breakdown
Principal (83.6%)
Interest (16.4%)
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Frequently Asked Questions
What is the typical interest rate for personal loans in India?
Personal loan interest rates in India typically range from 10% to 24% per annum, depending on your credit score, income, employment type, and the lending institution.
What is the maximum personal loan amount I can get?
Most banks offer personal loans up to ₹40 lakhs, depending on your income, credit score, and repayment capacity. The loan amount is usually 10-15 times your monthly salary.
What is the typical tenure for a personal loan?
Personal loans typically have a tenure of 1 to 5 years. Some banks may offer up to 7 years for higher loan amounts.