Calculate your personal loan EMI for any financial need
₹
₹10K₹50L
%
8%24%
Years
1 Yr5 Yrs
Monthly EMI
₹6,575
Payable for 36 months
Payment Breakdown
Principal Amount₹2,00,000
Total Interest₹36,698
Total Amount Payable₹2,36,698
About Personal Loan EMI
Personal loans are unsecured loans that can be used for various purposes like medical emergencies, weddings, vacations, debt consolidation, or any personal financial need.
Personal Loan Interest Rates
Interest rates typically range from 10% to 24% per annum
Rates depend on your credit score, income, and employment
No collateral required, hence higher interest than secured loans
Processing fee: 1-3% of loan amount
Eligibility Criteria
Age: 21 to 60 years
Minimum monthly income: ₹15,000 - ₹25,000
Credit score: 750 or above preferred
Employment: Salaried or self-employed
Work experience: At least 2 years
Tips for Personal Loans
Borrow only what you need to minimize interest costs