₹33,467 total interest · ₹1.3 L total repayable
A ₹1 lakh personal loan at a typical rate of 12% over 5 years costs about ₹2,224 per month. Across the full 5 years you repay ₹1,33,467 — ₹33,467 of it interest. Your actual EMI depends on the exact rate and tenure your lender offers, so use the table below.
EMI by interest rate & tenure
Monthly EMI for a ₹1 lakh loan. The highlighted cell is the typical personal loan rate and tenure.
| Rate \ Tenure | 1 yr | 2 yr | 3 yr | 4 yr | 5 yr |
|---|---|---|---|---|---|
| 10% | ₹8,792 | ₹4,614 | ₹3,227 | ₹2,536 | ₹2,125 |
| 11% | ₹8,838 | ₹4,661 | ₹3,274 | ₹2,585 | ₹2,174 |
| 12% | ₹8,885 | ₹4,707 | ₹3,321 | ₹2,633 | ₹2,224 |
| 13% | ₹8,932 | ₹4,754 | ₹3,369 | ₹2,683 | ₹2,275 |
| 14% | ₹8,979 | ₹4,801 | ₹3,418 | ₹2,733 | ₹2,327 |
| 15% | ₹9,026 | ₹4,849 | ₹3,467 | ₹2,783 | ₹2,379 |
Just 0.5% lower on this ₹1 lakh loan saves you about ₹1,511 over 5 years. Always compare offers from several lenders before signing.
Run your exact EMI →How the EMI is calculated
EMI uses the standard reducing-balance formula: EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan amount (₹1 lakh), r is the monthly interest rate (annual ÷ 12), and n is the number of months (5 × 12 = 60). Early EMIs are mostly interest; later ones are mostly principal. Figures exclude processing fees, insurance and prepayment. See the full loan & EMI calculator for an amortisation schedule.
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