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Hassle-free Online Personal Loan

Hassle-free Online Personal Loan for all your Financial Needs!

  • Avail loan up to Rs.5 lakhs*
  • Instant approval
  • 100% paperless process
  • Flexible repayment tenure

Apply Now

Online Personal Loan EMI Calculator

The TVS Credit Personal Loan EMI Calculator helps you easily estimate your monthly installments, providing a clear understanding of your financial commitments before applying for a loan. This powerful tool helps you to make well-informed decisions by calculating your personal loan EMI easily in a few simple steps, giving you the confidence to choose the right loan amount and tenure for your needs.

How to calculate your EMI using TVS Credit Personal Loan Calculator?

STEP 01
How to Apply for your Loans

Select Personal Loan Amount

Enter your desired loan amount, interest rate, and repayment tenure.

STEP 02
Apply for Two Wheeler Loans - Enter your details

Rate of Interest

Hit ‘Calculate’ to get your estimated EMI amount instantly.

STEP 03
Apply for Two Wheeler Loans - Instantly approved

Repayment Tenure

Adjust the values to explore different options and find the ideal EMI for your budget.

With this easy-to-use calculator, you can plan your monthly payments in advance and avoid financial surprises.

Personal Loan EMI Calculator

Calculate your monthly installments with our Personal Loan EMI calculator - Get accurate Loan EMI and Personal Loan interest details instantly

₹ 50000 ₹ 7,00,000
2% 35%
6 Months 60 Months
Monthly Loan EMI
Principal Amount
Total Interest Payable
Total Amount Payable

Disclaimer : These results are for indicative purposes only. Actual results may vary. For exact details, please contact us.

Online Personal Loan Finance Amount
Finance Amount

₹ 50,000 to ₹ 5 Lakhs*

Repayment Tenure of Online Personal Loans
Rate of Interest / (APR)

16% to 35% Annualised ROI

Rate of Interest / (APR) of Online Personal Loans
Repayment Tenure

6 to 60 months

Processing Fees Of Online Personal Loan
Processing Fees

2% to 6%

ILLUSTRATION
For ₹ 75,000/- borrowed at Interest rate’ of 2% p.m. for 12 months (interest rate on reducing balance method), the payable amount would be processing fee’ ₹ 1500. Interest ₹ 10,103. The total amount to be repaid after a year will be ₹ 86,603.


*Interest rate and processing fees varies as per the products.

Benefits of using TVS Credit Personal Loan EMI Calculator

Quick Calculations

Instantly calculate your monthly EMI without the hassle of manual computations.

Accurate Results

Get precise EMI estimates to help you plan your finances better.

Customized Planning

Adjust loan amounts and tenures to find the best EMI option for your budget.

Free and Accessible

Use the calculator anytime without any cost, ensuring convenience at your fingertips.

Factors affecting Personal Loan EMIs

Several factors influence the calculation of personal loan EMI:

  • Loan Amount: The higher the loan amount, the higher the EMI
  • Interest Rate: Higher interest rates increase the EMI, whereas lower rates reduce it
  • Loan Tenure: Longer tenure lowers EMI but increases interest; shorter tenure raises EMI but reduces interest

Tips to reduce Personal Loan EMI

Tips to Reduce Bike Loan EMI - Make a Higher Down Payment

Opt for a longer tenure

Extending your repayment period reduces your EMI but may increase the total interest paid.

Tips to Reduce Bike Loan EMI - Longer Tenure

Prepay whenever possible

Paying a lump sum reduces the principal and cuts down your EMIs.

Tips to Reduce Bike Loan EMI - Interest Rates

Negotiate for a lower interest rate

A lower interest rate directly reduces the EMI, so always try to negotiate the best possible rate with your lender.

These tips can help you manage your Personal Loan repayment more effectively and keep your monthly commitments within your financial limits.

Frequently Asked Questions

Enter the loan amount, tenure, and interest rate into the calculator to view your EMI.

Personal Loan EMI is calculated using this formula: EMI = [P x R x (1+R)^N] / [(1+R)^N-1], where P is the principal, R is the interest rate, and N is the number of months.

No, the calculator can be used for any Personal Loan by entering the relevant loan details.

TVS Credit offers flexible Personal Loans with better interest rates, fast approvals, zero documentation and easy repayment options, making it an excellent choice for borrowers.

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