Personal loan EMI for ₹1 lakh
A ₹1 lakh personal loan at 12% for 3 years costs ₹3,321 a month. Total interest is ₹19,572. The table shows the EMI for other rates and tenures; the highlighted cell is this example.
| Rate | 1 yr | 2 yrs | 3 yrs | 4 yrs | 5 yrs |
|---|---|---|---|---|---|
| 10.5% | ₹8,815 | ₹4,638 | ₹3,250 | ₹2,560 | ₹2,149 |
| 12% | ₹8,885 | ₹4,707 | ₹3,321 | ₹2,633 | ₹2,224 |
| 14% | ₹8,979 | ₹4,801 | ₹3,418 | ₹2,733 | ₹2,327 |
| 16% | ₹9,073 | ₹4,896 | ₹3,516 | ₹2,834 | ₹2,432 |
| 18% | ₹9,168 | ₹4,992 | ₹3,615 | ₹2,937 | ₹2,539 |
| 21% | ₹9,311 | ₹5,139 | ₹3,768 | ₹3,097 | ₹2,705 |
Interest you pay by tenure
| Tenure | EMI at 12% | Total interest |
|---|---|---|
| 1 yr | ₹8,885 | ₹6,619 |
| 2 yrs | ₹4,707 | ₹12,976 |
| 3 yrs | ₹3,321 | ₹19,572 |
| 4 yrs | ₹2,633 | ₹26,402 |
| 5 yrs | ₹2,224 | ₹33,467 |
A shorter tenure means a higher EMI but much less interest. Change any number in the calculator above, or open the full personal loan EMI calculator.
Questions people ask
What is the EMI for a ₹1 lakh personal loan?
₹3,321 a month at 12% for 3 years. At 21% it would be ₹3,768.