Thinking about taking a personal loan for marriage, education, travel, or home repairs? Use our personal loan emi calculator to know exactly how much you’ll pay every month. This tool helps you plan your repayments smartly, so you never face surprises later.
Monthly Loan EMI
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Total Interest Payable
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Total Payment
(Principal + Interest)
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What is Personal Loan EMI?
EMI (Equated Monthly Installment) is the fixed amount you pay each month until your loan is fully repaid. It includes:
- ✅ Principal – The amount you borrowed
- ✅ Interest – The extra cost you pay the lender for the loan
Your EMI remains the same every month, which makes it easier to budget your monthly expenses. Use our online personal loan EMI calculator to check your EMI quickly.

✅ How to Use Our Personal Loan EMI Calculator?
Using it is simple:
- 1️⃣ Enter your loan amount (e.g., ₹3,00,000)
- 2️⃣ Choose the interest rate (e.g., 11%)
- 3️⃣ Select repayment tenure (e.g., 4 years)
- 4️⃣ Click calculate
👉 You’ll instantly see your:
- monthly EMI.
- total interest.
- total repayment.
By using our personal loan calculator SBI 2025 and more.
👉 Why Use Our Personal Loan EMI Calculator?
Our Personal Loan EMI Calculator helps you:
🔹 See your exact monthly EMI instantly
🔹 Find out the complete interest amount and the total money you need to repay
🔹 Compare different loan plans easily
🔹 Plan your finances smartly
This Personal Loan EMI Calculator supports loans from all Indian banks and NBFCs.
🔄 Example Calculation
Suppose you need ₹5,00,000 for your wedding. You get a loan at 12% for 5 years. Our calculator shows your EMI would be approx. ₹11,122/month with total interest around ₹1.67 lakh. Try different amounts or tenures with our calculator to find the most affordable plan.

✅ Check Your Loan Eligibility & Interest Rate
Want to know your eligibility or check your personal loan interest rate? Use our free tools below!
Personal loan interest rate | Loan Eligibility |
👉 Tips to Lower Your Personal Loan EMI
- 💡 Opt for a longer tenure if you need smaller monthly payments (but total interest will increase)
- 💡 Maintain a good CIBIL score for lower personal loan interest rates
- 💡 Compare personal loan interest rates 2025 from different banks to get the best deal
- 💡 Make part payments whenever possible to reduce your total interest burden
💳 Documents You’ll Need for Personal Loan
Before you calculate EMI, keep these documents ready:
- ✅ Identity proof – Aadhaar, PAN, or passport
- ✅ Address proof – Utility bill, rent agreement, or passport
- ✅ Income proof – Recent salary slips or ITR for self-employed
- ✅ Bank statements – Last 6 months
- ✅ Passport-sized photographs
Having these documents speeds up approval and improves chances of getting the lowest rates.
📉 Factors That Decide Your Personal Loan Eligibility
Banks check several factors before approving your loan:
- 🔹 Age – 21 to 60 years
- 🔹 Monthly income – Usually ₹15,000+ (varies by bank)
- 🔹 Job stability – 6 months in current job for salaried, or stable income for self-employed
- 🔹 Credit score – Above 700 preferred for best rates
- 🔹 Existing debts – High debts can reduce eligibility
Knowing these helps you plan better with our calculator and avoid rejections.
🤔 Frequently Asked Questions (FAQs)
Q1. How do I calculate my EMI for a personal loan?
A1. Enter loan amount, interest rate, and tenure into our calculator for instant results.
Q2. Can I use this calculator for SBI personal loan EMI calculation 2025?
A2. Yes, it supports SBI and all other banks’ loans.
Q3. How can I get the lowest personal loan EMI?
A3. Maintain a high CIBIL score and compare offers from multiple banks.
Q4. What happens if I delay my EMI payment?
A4. You may face late fees, higher interest, and lower credit score.
Q5. Are there any tax benefits on personal loan EMIs?
A5. Personal loans don’t offer tax benefits unless used for home renovation or education.
Q6. How does job stability affect my personal loan approval?
A6. Stable income increases your chances of approval with lower EMI rates.
Final Thoughts :
Always calculate your EMI using our personal loan EMI calculator or personal loan interest calculator before applying. It helps you borrow smartly, stay stress-free, and avoid late payments.
Personal loan interest rate | Loan Eligibility |