📅 Last updated: October 2026
11% annual interest rate par reducing-balance method se calculated EMI:
| Loan Amount | Tenure | Monthly EMI | Total Interest |
|---|---|---|---|
| ₹1 lakh | 3 years | ₹3,274 | ₹17,859 |
| ₹5 lakh | 5 years | ₹10,871 | ₹1.52 lakh |
| ₹10 lakh | 5 years | ₹21,742 | ₹3.05 lakh |
₹5 lakh personal loan @11% par 5 saal me aap ₹1.52 lakh interest dete hain — loan amount ka 30% extra. Wahi loan 3 saal me nipatayein to EMI ₹16,369/month hogi lekin interest sirf ₹89,297. Personal loan ki sabse badi galti hai lamba tenure chunna kyunki "EMI kam lag rahi hai" — total cost par dhyan dein, sirf EMI par nahi.
Personal loan tabhi lein jab: (1) genuine emergency ho aur koi sasta option na ho, (2) credit card ka 36–42% wala debt consolidate kar rahe hon — 11–13% personal loan usse sasta hai, (3) paise ki zaroorat 24–48 ghante me ho. Shaadi, vacation ya gadgets ke liye personal loan lena aam taur par mehenga shauk hai.
Personal loan lene se pehle ye options dekhein: home loan top-up (2–4% sasta), gold loan (9–14%, sona hai to), FD/PPF par loan (deposit rate + 1–2%, sabse sasta), employer se advance. Personal loan in sabke baad aana chahiye, pehle nahi.
Loan offer ki details yahan enter karein.
Aapki monthly EMI
₹10,871
per month
Estimate based on a fixed interest rate and monthly reducing balance.
⚠️ Ye sirf estimate hai, financial advice nahi hai. Disclaimer padhein.
EMI = P × r × (1+r)n / ((1+r)n − 1)
Reducing-balance formula — wahi jo banks personal loan par lagate hain.
Example: ₹5 lakh personal loan, 11% rate, 5 saal → EMI ≈ ₹10,871/month, total interest ≈ ₹1.52 lakh. 3 saal tenure me EMI ≈ ₹16,369 lekin interest sirf ₹89,300.
Standard EMI formula: EMI = P × r × (1+r)^n / ((1+r)^n − 1). Loan amount, annual rate aur tenure daaliye — calculator turant EMI dega.
11% interest, 5 saal tenure par ≈ ₹10,871/month. Rate 13% ho to EMI ≈ ₹11,377/month ho jayegi.
Kyunki ye unsecured loan hai — koi collateral nahi hota, isliye bank ka risk zyada aur rate 10–24% tak hota hai. Achha credit score (750+) par kam rate milta hai.
Nahi — processing fee (1–3%) alag se lagti hai, aksar disbursement me se kaat li jaati hai. EMI sirf principal + interest par banti hai.
Haan, aksar 6–12 EMI ke baad. Kuch banks 2–5% foreclosure charge lete hain — prepay karne se pehle ye zaroor check karein.
11% interest rate par 3 saal ke tenure ke liye ≈ ₹3,274/month. Total interest lagbhag ₹17,859 lagega. Chhote loans par processing fee (1–3%) ka asar proportionally zyada hota hai — ₹1 lakh par 2% fee matlab ₹2,000 seedha kat jayega.
Bahut zyada. 750+ CIBIL par aapko 10–12% mil sakta hai, jabki 650 se neeche 15–18% ya rejection bhi ho sakta hai. 2–3% ka farak ₹5 lakh loan par 5 saal me ₹30,000–46,000 tak ka hota hai. Loan apply karne se pehle score check aur improve karna interest bachane ka sabse sasta tarika hai.
Personal loan, hamesha. Credit card par 36-42% annual interest lagta hai, jabki personal loan 11-16% par mil jata hai. ₹2 lakh ke kharche par ye farak hazaaron me nahi, lakho me padta hai. Credit card sirf chhote aur turant wale kharchon ke liye rakho.
Haan, aur ye bahut smart move hai. ₹2 lakh ke credit card dues (42% rate) ko 13% personal loan me convert karne se interest ka bojh bahut kam ho jata hai. Ise debt consolidation kehte hain — bas naye loan ke baad credit card par phir se kharcha badhana mat shuru kar dena.
Karzon ke jaal me phans jaoge. ₹1 lakh ke dues par sirf 5% minimum due bharte raho to clear hone me 188 mahine (lagbhag 15.7 saal!) lagenge aur total ₹3.17 lakh bharoge — matlab ₹2.17 lakh sirf interest me jayega. Minimum due sirf late fee se bachata hai, karz se nahi.
Bank se personal loan ya balance transfer ke liye apply karo, approved amount se credit card ka poora dues chukao, phir loan ki fixed EMI bharo. 1-3% processing fee lagegi, lekin 40%+ ke interest ke mukable ye bahut sasti hai. CIBIL 750+ ho to aur bhi achha rate milega.
Lagbhag hamesha — kyunki personal loan ka rate (11-16%) credit card ke rate (36-42%) se aadhe se bhi kam hota hai. Ek hi exception hai: agar credit card ka poora bill due date par chuka do to 45-50 din ka interest-free period milta hai — us case me card bilkul free hai.
Turant chhoti rakam (₹20-50 hazar) ke liye credit card theek hai — instant milta hai. Agar rakam badi hai ya repayment 2-3 mahine se zyada chalega, to personal loan lo. Aur sabse pehle emergency fund banao taaki dono ki zaroorat hi na pade.
Sunkar hairaan hoge: 42% rate par ₹6,739/month bharne se balance kabhi clear hi nahi hoga — kyunki monthly interest (₹7,000) EMI se zyada hai, balance badhta hi jayega! Wahi ₹2 lakh 13% personal loan par 3 saal me clear ho jayega, total interest sirf lagbhag ₹42,600. Ab khud farak samjho.