Personal Loan EMI Calculator

Calculate your personal loan EMI, total interest payable, and full repayment schedule instantly. No collateral, no complexity — just clear numbers.

Unsecured LoanReducing Balance MethodPDF & Excel Export
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57.51012.51517.520
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• EMI is calculated using reducing balance method.

• Interest rate is assumed constant.

• Actual loan terms may vary by lender.

Monthly EMI

11,377

Principal

5,00,000

Total Interest

1,82,592

Total Amount Payable

6,82,592

Schedule showing EMI payments starting from

January 2026

EMI Payment & Balance Over Time

YearPrincipal (A)Interest (B)Total Payment (A + B)BalanceLoan Paid %
202675,93760,5811,36,5184,24,06315.19%
202786,41950,0991,36,5183,37,64332.47%
202898,34838,1701,36,5182,39,29552.14%
20291,11,92324,5951,36,5181,27,37274.53%
20301,27,3729,1461,36,5180100.00%

A Personal Loan EMI Calculator helps you plan your monthly repayment before you borrow. Unlike home or car loans, personal loans are unsecured — meaning no asset is pledged — which is why interest rates are typically higher.

Use this calculator to compare different combinations of loan amount, tenure, and interest rate. A shorter tenure means higher EMI but significantly lower total interest paid.

Tip: Always compare personal loan offers from multiple banks and NBFCs. Even a 1–2% difference in interest rate can save thousands of rupees over the loan tenure.

You can also use our Home Loan EMI Calculator or Car Loan EMI Calculator for other loan types.