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Muthoot Finance Personal Loan EMI Calculator

Personal loan applicants can use the Muthoot Finance Personal Loan EMI Calculator to determine the EMIs, interest costs and loan amount payable on their personal loans for different interest rates, loan amounts and loan tenures. Muthoot Finance Personal Loan EMI Calculator also helps loan applicants find out the optimal EMI and loan tenure based on their repayment capacity.

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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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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What is Personal Loan EMI?

  • Personal Loan EMI is the amount payable on a monthly basis until the end of the loan tenure.
  • Personal loan borrowers must pay the EMI amount, which includes both the principal and interest components of their personal loan, every month till the entire loan amount is repaid in full.
  • The EMI for personal loans availed at fixed interest rates will remain constant throughout the loan tenure.

What is Muthoot Finance Personal Loan EMI Calculator?

  • You can use Paisabazaar’s Personal Loan EMI Calculator to select the optimum tenure and EMIs for Muthoot Finance personal loan based on your repayment capacity.
  • When you select the lender’s name, Muthoot Finance in this case, the current interest rate offered on Muthoot Finance personal loans is automatically filled in, and you can enter the loan amount and tenure to know the EMI payable on your personal loan.
  • The EMI amount may vary depending on the Muthoot Finance personal loan interest rate, loan amount and repayment tenure chosen by the individual. 

How Do I Select the ROI for Muthoot Finance Personal Loan EMI Calculator?

  • When you use the Paisabazaaar Personal Loan EMI Calculator, as soon as you choose Muthoot Finance as the lender, the current personal loan interest rate offered by Muthoot Finance is automatically filled in.
  • However, you can change the interest rate in case a different rate of interest is offered to you by Muthoot Finance.
  • In case you use the personal loan EMI calculator offered by Muthoot Finance on its official website, you have the option of selecting ROI from a wide range of interest rates. 
  • You can select different combinations of interest rates, loan amounts and tenures to find the respective EMIs for each combination. 
  • However, note that the final ROI offered for your personal loan will be determined based on your Muthoot Finance personal loan eligibility, which is dependent on multiple factors, including your monthly income, credit score, age, occupation profile, repayment capacity, etc.

Personal Loan Interest Rates of Top Banks/NBFCs

Banks/NBFCs Interest Rates Processing Fees
Muthoot Finance 14.00% - 22.00% Varies for each application
ICICI Bank 11% - 13% Up to 2%
HDFC Bank 9.99% - 12.5% Rs. 3,499 to Rs. 6,500
Axis Bank 9.99% onwards Up to 2%
Kotak Mahindra Bank 9.98% - 17.2% 1.1% - 1.5%
IndusInd Bank 10.35% - 16.5% 1.3% - 2%
IDFC FIRST Bank 9.99% onwards Up to 2%
Federal Bank 12.0% - 19.5% Up to 2%
YES Bank 13% - 16% 1.5% - 2.25%
Tata Capital 11.99% - 13.99% Up to 1.25%
Aditya Birla Finance 10.99% p.a. onwards Up to 4%
L&T Finance 11.00% p.a. onwards Up to 3%
Hero Fincorp 19.75% - 30.00% p.a. 2.3% - 3%
Piramal Finance 12.90% p.a. onwards Up to 5%
Poonawalla Fincorp 18% - 36% p.a. Up to 3%
Moneyview 14% - 36% p.a. Up to 2%

Note: Interest rates as on 23rd October 2025

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Factors Affecting Muthoot Finance Personal Loan EMI

Rate of Interest

  • Muthoot Finance personal loan interest rates start from 14% p.a. 
  • Personal loans availed at lower interest rates would result in lower EMIs and interest costs, and vice versa. 
  • Thus, ensure that you compare the personal loan interest rates offered by top lenders before applying for the Muthoot Finance personal loan.

Loan Tenure

  • Personal Loans from Muthoot Finance come with loan tenures of up to 5 years. 
  • Existing personal loan borrowers can save on their EMIs by opting for longer repayment tenures. 
  • However, longer loan tenures end up increasing the total interest cost of the personal loan.
  • Therefore, loan applicants planning to avail a Muthoot Finance personal loan should use the Muthoot Finance personal loan EMI calculator on Paisabazaar to identify the optimum loan tenure based on their repayment capacity.

Loan Amount

  • Personal loan applicants can avail Muthoot Finance personal loans for loan amounts starting from Rs. 50,000. 
  • The bigger the loan amount, the higher the EMIs and total interest cost. 
  • Your eligibility for a personal loan primarily depends on your repayment capacity and loan tenure.

Benefits of Using Muthoot Finance Personal Loan EMI Calculator

The main advantages of using the online Muthoot Finance personal loan EMI calculator are as follows:

Easy to Use

  • Muthoot Finance Personal loan EMI Calculator allows loan applicants to compute the EMI amount.
  • Personal loan applicants can enter the principal loan amount, interest rate and then select the desired loan tenure in the calculator to know the value of their monthly installments.

Provides Quicker and Accurate Results

  • Muthoot Finance personal EMI calculator helps personal loan applicants find out their EMIs without going through difficult calculations using complex formulas.
  • Additionally, the Muthoot Finance personal loan EMI calculator also reduces the chance of human errors that come with manual calculations involving complicated formulas.

Budget Management

  • As the EMI amount for personal loans availed at fixed interest rates remains constant during the entire loan tenure, and the loan applicants know the amount payable every month while undertaking the loan, they can adjust their monthly expenses accordingly to fit in the EMI amount.

Improve Personal Loan Eligibility

  • Lenders generally approve personal loan applications of applicants whose total EMI obligations, including the EMI of their proposed personal loan, do not exceed 50% – 60% of their total monthly income.
  • As loan applicants using the Muthoot Finance personal loan EMI calculator would get a fair idea of their EMIs, those exceeding the aforementioned limit can select higher loan tenures and/or lower personal loan amounts to reduce the EMI while making personal loan applications.
  • This should help prospective borrowers improve their chances of personal loan approval.

Healthy Credit Scores

  • The Muthoot Finance personal loan EMI calculator calculates the monthly instalments and helps manage finances in order to repay personal loans within the given loan tenure.
  • Therefore, such applicants would be less likely to default on their EMIs, which in turn, should help in improving or maintaining their credit scores.

Considering the above-mentioned factors, personal loan applicants should use the Muthoot Finance personal EMI calculator to determine their optimum loan tenure and EMI based on their repayment capacity. Loan applicants can use Paisabazaar’s Personal Loan EMI Calculator to calculate and compare the personal loan EMIs of other lenders as well.

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

No, the Muthoot Finance personal loan EMI calculator is available online for free. The EMI calculator can be used 24x7 by both new and existing borrowers.

No, calculating your EMIs or experimenting with different loan combinations does not impact your chances of loan approval or rejection in any way.

Yes, the EMI results shown by the calculator are highly accurate as they are based on the standard EMI formula. However, final EMI may slightly vary due to factors such as processing fees or changes in interest rates.

With the current Muthoot Finance personal loan interest rate starting at 14% p.a., the EMI for a personal loan of Rs. 5 lakh over a tenure of 5 years would be Rs. 11,634.

The Muthoot Finance personal loan EMI calculator is particularly designed for personal loans. For other types of loans, such as car loans or home loans, you should use their respective calculators.

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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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Sanjay Kumar GuptaMar 30, 2026

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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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

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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Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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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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BhupendraFeb 18, 2026

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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