Personal Loan EMI Calculator

Loan Amount

₹ 1 Lakh
₹ 25 Lakh

Tenure

1 Years
30 Years

Interest rate

5 %
25 %

EMI
₹ 5,510

Principal Amt.
 ₹ 3,00,000

Interest Payable
 ₹ 4,93,415

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How is Personal Loan EMI Calculated?

The Personal Loan EMI is calculated on the basis of following factors namely principal amount, interest rate & loan tenure.


The formula of Home Loan EMI calculation is:

Here, P stands for principal amount that is borrowed as a loan, R stands for rate of interest that is applied on the loan amount & N is the loan repayment tenure or the number of monthly installments that you will have to pay.

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IIFL Customer Care Numbercall-icon1860-267-3000 /7039-050-000

Gold/NCD/NBFC/Insurance and NPS

IIFL Securities Support Whatsapp Numberwhatsapp-icon +91-9892691696
Download The App Now
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