LOANS · CALCULATOR
Personal Loan EMI
EMI on a personal loan, with the processing fee added to show the real cost.
Result—
Breakdown
Growth over time
Year by year
How this is calculated
EMI uses the reducing-balance formula. The fee (plus 18% GST) is paid upfront.
What the letters mean: P = loan, r = yearly rate ÷ 12, n = months. Fee = loan × processing fee % × 1.18 (GST).
Timing: The fee is cut on day one; EMIs are paid at the end of each month.
Default values: Loan amount: ₹5.00 L · Interest rate (p.a.): 13 % · Tenure: 3 yrs · Processing fee: 2 %
Results are estimates, not investment or tax advice. Real returns go up and down; interest rates, taxes and charges change the actual amount. Please check with a CA or the income tax portal before filing.