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ICICI Bank Personal Loan EMI Calculator

ICICI Bank Personal Loan EMI Calculator allows the prospective borrowers to calculate their total EMIs and total interest cost payable for different loan amounts, interest rates and repayment tenures. The EMI calculator also helps you decide the optimum tenure and loan amount based on your repayment capacity.

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ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
  • Interest rate starts at 11% p.a. onwards.
  • Loan amount of up to Rs. 25 lakh for tenure of up to 5 years.
  • Collateral-free loans.
  • Low processing fees.
  • No end-usage restriction.
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

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Features of ICICI Bank Personal Loan EMI Calculator

  • ICICI Bank personal loan EMI calculator evaluates the total EMIs, total interest cost and the overall borrowing cost of the applicants.
  • The calculator is available online and is free of cost.
  • The parameters can be modified as per the requirements.
  • Individuals can plan their EMIs according to their budget.

Comparison of ICICI Bank Personal Loan Interest Rates with Other Lenders

Banks/NBFCs Interest Rates (p.a.)
State Bank of India 10.05% - 15.05%
HDFC Bank 9.99% onwards
Axis Bank 9.99% onwards
ICICI Bank 10.45% onwards
Kotak Mahindra Bank 9.98% onwards
IndusInd Bank 10.49% onwards
IDFC FIRST Bank 9.99% onwards
Federal Bank 12.0% - 19.5 %
YES Bank 10.85% - 21.00%
Tata Capital 10.99% onwards
Aditya Birla Finance 10.99% onwards
L&T Finance 11.00% onwards
Hero Fincorp Up to 30.00%
Piramal Finance 12.14% onwards
Poonawalla Fincorp 9.99% onwards
Moneyview 14% onwards

Factors Affecting ICICI Bank Personal Loan EMI

  • Interest Rate: A high interest rate usually increases the EMI and overall interest cost, and vice- versa. Therefore, it is advisable to opt for lower interest rates to save on overall borrowing cost.
  • Loan Amount: The higher the loan amount, the higher the EMI and interest cost and vice versa.
  • Loan Tenure: Longer tenure reduces the EMI whereas shorter tenure increases the EMI.

ICICI Bank Personal Loan Amortisation Schedule

Suppose you borrow a loan amount of Rs. 20 lakh @ 10.45% p.a. for a tenure of 5 years, then the following will be your amortization schedule for 1 year. For the remaining period, the principal component will continue to increase at the same pace, while the interest portion will gradually decrease.

Month EMI (₹) Interest (₹) Principal (₹) Balance (₹)
1 42,938.28 17,416.67 25,521.61 19,74,478.39
2 42,938.28 17,194.42 25,743.86 19,48,734.52
3 42,938.28 16,970.23 25,968.05 19,22,766.47
4 42,938.28 16,744.09 26,194.19 18,96,572.29
5 42,938.28 16,515.98 26,422.30 18,70,149.99
6 42,938.28 16,285.89 26,652.39 18,43,497.60
7 42,938.28 16,053.79 26,884.49 18,16,613.11
8 42,938.28 15,819.67 27,118.61 17,89,494.51
9 42,938.28 15,583.51 27,354.76 17,62,139.74
10 42,938.28 15,345.30 27,592.98 17,34,546.76
11 42,938.28 15,105.01 27,833.27 17,06,713.49
12 42,938.28 14,862.63 28,075.65 16,78,637.84

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What Happens if you Miss Your ICICI Bank Personal Loan EMIs

If you miss your ICICI Bank Personal Loan EMIs, here is what usually happens:

  • Penal charges are applied.
  • Penal interest impacts the overall borrowing cost.
  • The credit score reduces.
  • Difficulty getting loans/credit cards in future.
Why Choose Paisabazaar?
image of Compare & Choose the <strong>Best Offer</strong>

Compare & Choose the Best Offer

image of Pre-approved Offers with <strong>Instant Disbursals</strong>

Pre-approved Offers with Instant Disbursals

image of Know Your <strong>Chances of Approval</strong>

Know Your Chances of Approval

image of End-to-End <strong>Digital Process</strong>

End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

Avail Personal Loan for
All Your Needs

Avail Personal Loan Banner

Avail Personal Loan for
All Your Needs

FAQs

What is a personal loan EMI calculator?

A personal loan EMI calculator is an online tool which helps in determining the overall borrowing cost, thereby, assessing the financial stability of the applicant. 

How does the ICICI Bank personal loan EMI calculator work?

Applicants need to enter the interest rate, loan amount and loan tenure in the personal loan EMI calculator and get your EMI, total interest cost and overall borrowing cost instantly.

Can I change the parameters in a personal loan EMI calculator?

Yes, you can modify the parameters of the personal loan EMI calculator to check for the most suitable loan amount, interest rate and loan tenure for you.

How does the interest rate impact the personal loan EMIs?

The higher the interest rate, higher the EMI and interest cost, whereas, lower the interest rate, lower the EMI and interest cost.

Does the ICICI Bank EMI calculator tells the suitable loan amount?

By trying multiple combinations of interest rate, loan amount and loan tenure, you can know the loan amount that fits in your monthly budget.

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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