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Personal Loan EMI Calculator 2026
🔍 Reviewed by FinMandi Research Team · ✓ Standard banking formula · ✓ Cross-checked against published bank calculator results · Updated May 2026
Calculate exact monthly EMI, total interest and repayment schedule · Compare rates from HDFC, SBI, ICICI, Bajaj Finserv · Works for personal, car, education and gold loans
👨‍💼 Reviewed by FinMandi Research Team — 10+ years banking · Verified May 2026 ✓ Cross-checked against official sources
💼Personal
🚗Car Loan
🎓Education
💛Gold Loan
Rs 5,00,000
Rs 50KRs 50L
10.50%
7%30%
3 Years
1 Year7 Years
Monthly EMI
Rs 16,133
Total Interest
Rs 80,788
Total Payment
Rs 5,80,788
📊 Bank-wise Rates — May 2026
📅 Year-wise Repayment Schedule
YearOpening BalancePrincipal PaidInterest PaidClosing Balance

💡 Even a 0.5% lower rate on Rs 5L personal loan for 3 years saves Rs 4,200 in total interest. Always negotiate with your bank and compare before accepting any offer.

Also read: Best Personal Loan Rates 2026  ·  Loan Prepayment Calculator  ·  Credit Card Eligibility  ·  Improve CIBIL Score  ·  Personal Loan vs Gold Loan  ·  Improve CIBIL Score  ·  Home Loan EMI Calculator

⚠️ Disclaimer: Results are indicative and for informational purposes only. Actual amounts may vary based on your provider's specific terms, applicable charges, and other factors. FinMandi is an independent information platform — not a bank, NBFC, insurer, or registered investment adviser. Always verify figures directly with your bank or financial provider before making any financial decision.