Personal loan EMI for ₹5 lakh
A ₹5 lakh personal loan at 12% for 3 years costs ₹16,607 a month. Total interest is ₹97,858. 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% | ₹44,074 | ₹23,188 | ₹16,251 | ₹12,802 | ₹10,747 |
| 12% | ₹44,424 | ₹23,537 | ₹16,607 | ₹13,167 | ₹11,122 |
| 14% | ₹44,894 | ₹24,006 | ₹17,089 | ₹13,663 | ₹11,634 |
| 16% | ₹45,365 | ₹24,482 | ₹17,579 | ₹14,170 | ₹12,159 |
| 18% | ₹45,840 | ₹24,962 | ₹18,076 | ₹14,687 | ₹12,697 |
| 21% | ₹46,557 | ₹25,693 | ₹18,838 | ₹15,483 | ₹13,527 |
Interest you pay by tenure
| Tenure | EMI at 12% | Total interest |
|---|---|---|
| 1 yr | ₹44,424 | ₹33,093 |
| 2 yrs | ₹23,537 | ₹64,882 |
| 3 yrs | ₹16,607 | ₹97,858 |
| 4 yrs | ₹13,167 | ₹1,32,012 |
| 5 yrs | ₹11,122 | ₹1,67,333 |
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 ₹5 lakh personal loan?
₹16,607 a month at 12% for 3 years. At 21% it would be ₹18,838.