Plan your personal loan with our free EMI Calculator for FY 2025-26, tailored for Indian borrowers. Estimate your monthly EMI, total interest, and repayment schedule for loans from ₹50,000 to ₹50 lakh.
Enter your loan amount, interest rate, and tenure to get started. Our tool provides a detailed repayment schedule and a visual breakdown of principal and interest.
| Month | EMI (₹) | Principal (₹) | Interest (₹) | Balance (₹) |
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EMI is calculated using the formula: EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is the loan amount, r is the monthly interest rate, and n is the repayment months.
Personal loan interest rates in India for FY 2025-26 typically range from 10% to 24% per annum, depending on the lender and borrower profile.
Personal loans in India usually have repayment tenures from 1 to 7 years (12 to 84 months).
Yes, most lenders allow prepayment after a lock-in period (e.g., 6–12 months), often with a prepayment penalty of 2–5%. Check with your lender.