Personal Loan EMI Calculator

Use our personal loan EMI calculator to check how much you might pay every month based on loan amount, tenure and interest rate selected

Calculate Your Monthly EMI

Min ₹ 1,500 Max ₹ 5,00,000
Min 3 months Max 36 months
Min 6% Max 36%
Interest Amount
Principal Amount
Monthly EMI ₹0
Loan Tenure 12 months
Total Interest Amount ₹0
Total Principal Amount ₹0

This calculator is for illustrative purposes only. Actual loan terms may vary based on your eligibility.

Learn About EMI Calculator

An EMI (Equated Monthly Instalment) calculator helps you estimate how much you'll pay each month for a loan. Just enter the loan amount, interest rate, and tenure to see your monthly repayment. You can adjust the values to plan a repayment that fits your budget.

Why Use the EMI Calculator

Using a personal loan EMI calculator helps you:

Avoid over-borrowing

See how much you can repay each month before taking a loan.

Borrow confidently

Know exactly how much you'll pay over the loan term.

Understand total interest cost

Make informed choices with a clear repayment plan.

Plan Your EMIs with Branch

1.
Zero Hidden Fees

Transparent pricing from day one. Every charge is disclosed upfront. No unpleasant surprises, ever.

2.
Clear Interest Rates

Your interest rate is shown before you accept. Know exactly what each rupee costs you.

3.
Instant Disbursal

Approved funds hit your bank account in minutes. No paperwork, no branch visits.

4.
RBI-Registered NBFC

Bank-grade encryption and strict regulatory compliance keep your data and money safe.

Your Questions, Answered

How do I use the EMI calculator?

1. Enter your loan amount: Type the total amount you plan to borrow
2. Select repayment tenure: Pick how many months you want to repay the loan
3. Adjust interest rate: Use the slider to match your expected interest rate
4. View monthly EMI instantly: View your monthly payment based on your inputs.

Is the EMI shown final?

The EMI shown is an estimate based on the interest rate selected. Final EMI may vary slightly after eligibility evaluation.

Does checking EMI affect credit score?

No. Using the calculator or checking eligibility does not impact your credit score.

How is EMI calculated?

The EMI is calculated using a standard formula used across banks and NBFCs in India.

EMI = P × R × (1 + R)N (1 + R)N − 1
P = Principal loan amount
R = Monthly interest rate (Annual rate ÷ 12 ÷ 100)
N = Loan tenure in months

Can I prepay the loan?

Yes. You can repay early and reduce interest cost depending on loan terms.

Which is better: shorter or longer tenure?

Shorter tenure saves interest. Longer tenure reduces monthly burden. The calculator helps you choose what fits your income.

Know your EMI. Borrow with confidence.

Use the personal loan EMI calculator above and apply when you're ready.

Calculate Your EMI