Personal loan EMI for ₹15 lakh
A ₹15 lakh personal loan at 12% for 3 years costs ₹49,821 a month. Total interest is ₹2,93,573. 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% | ₹1,32,223 | ₹69,564 | ₹48,754 | ₹38,405 | ₹32,241 |
| 12% | ₹1,33,273 | ₹70,610 | ₹49,821 | ₹39,501 | ₹33,367 |
| 14% | ₹1,34,681 | ₹72,019 | ₹51,266 | ₹40,990 | ₹34,902 |
| 16% | ₹1,36,096 | ₹73,445 | ₹52,736 | ₹42,510 | ₹36,477 |
| 18% | ₹1,37,520 | ₹74,886 | ₹54,229 | ₹44,062 | ₹38,090 |
| 21% | ₹1,39,671 | ₹77,078 | ₹56,513 | ₹46,449 | ₹40,580 |
Interest you pay by tenure
| Tenure | EMI at 12% | Total interest |
|---|---|---|
| 1 yr | ₹1,33,273 | ₹99,278 |
| 2 yrs | ₹70,610 | ₹1,94,645 |
| 3 yrs | ₹49,821 | ₹2,93,573 |
| 4 yrs | ₹39,501 | ₹3,96,036 |
| 5 yrs | ₹33,367 | ₹5,02,000 |
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 ₹15 lakh personal loan?
₹49,821 a month at 12% for 3 years. At 21% it would be ₹56,513.