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Personal Loan Calculator

Calculate your Equated Monthly Installment (EMI), total interest, and payment schedule for personal loans

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Loan Calculator

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Loan Types & Rates

💳
Personal Loan
Unsecured loans for personal expenses
10.5%
Max 7 years
🏠
Home Loan
Mortgage loans for property purchase
8.5%
Max 30 years
🚗
Car Loan
Auto loans for vehicle purchase
9%
Max 7 years
🎓
Education Loan
Loans for educational expenses
7.5%
Max 15 years
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Calculation History

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Loan Tips & Guidelines

EMI Affordability

Keep EMI under 40% of your monthly income. Consider all expenses before taking a loan.

Credit Score Impact

Maintain a credit score above 750 for better interest rates and loan approval chances.

Prepayment Benefits

Consider prepaying your loan to reduce total interest. Check for prepayment charges first.

Tax Benefits

Home and education loans offer tax deductions under Section 80C and 80E of Income Tax Act.

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Frequently Asked Questions