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Reviewed by MK Upadhyay (MU), Senior Contributor

Updated April 2026

Personal Loan EMI Calculator

Calculate your monthly EMI for personal loans with detailed breakup

Loan Details
Enter your personal loan information
₹3,00,000
₹50K₹50L
12%
8%24%
3 years
1 year7 years
EMI Calculation Results

Monthly EMI

₹9,964

Principal Amount

₹3,00,000

Total Interest

₹58,704

Total Amount Payable

₹3,58,704

Loan Repayment Progress

Personal loan EMI FAQs

Personal loan EMI: what changes your monthly payment

Personal loans in India are usually unsecured, so rates are higher than secured products like home loans. Small changes in APR move your EMI more than you might expect.

Watch for flat-rate marketing versus reducing balance interest. This tool assumes a standard reducing balance schedule—if your lender quotes differently, reconcile their schedule.

If you plan prepayment, ask about charges and whether EMI stays constant while tenure shortens (common) versus EMI dropping with the same tenure.

FincalFY tools are for education and planning. They are not regulated financial, tax, or legal advice.

Personal Loan EMI Calculator India — Monthly EMI & Total Cost