Explorer

Personal Loan EMI Calculator

₹ 50k
₹ 50lac
1
10
1
20

Monthly EMI:
10,623.52

Principal Amount:
5,00,000

Total Interest:
1,37,411.20

Total Payment:
6,37,411.20

Principal Amount
Interest Amount

Personal Loan EMI Calculator

To calculate your EMI, enter the loan amount, interest rate and loan tenure. ABP loan EMI calculator will calculate your EMI and display instantly. ABP online personal loan EMI calculator makes it easy for you to figure out the monthly instalments on your loan.

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FAQ

What is a personal loan calculator?

A personal loan calculator is an online tool that helps you estimate your monthly payments, total interest, and overall loan cost based on your loan amount, interest rate, and loan term.

How do I use a personal loan calculator?

To use the calculator, enter the loan amount you wish to borrow, the interest rate offered by the lender, and the desired loan term (in months or years). The calculator will then provide an estimate of your monthly payment and total cost.

Can I use the calculator for different loan amounts?

Yes! You can experiment with various loan amounts, interest rates, and terms to see how changes affect your monthly payments and the total cost of the loan.

Are the results from the calculator guaranteed?

No, the results are estimates based on the information you provide. Actual loan terms, rates, and payments may vary based on your creditworthiness, lender policies, and additional fees.

Do I need to input my credit score to use the calculator?

No, you do not need to input your credit score to use the calculator. However, your credit score will impact the interest rate and loan terms you may receive from lenders.

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