OBC Personal Loan EMI Calculator will help you to find out your Personal Loan EMI and interest cost based on your loan amount, tenure and interest rate. It will help you to choose your loan amount and loan tenure based on your repayment capacity.
OBC Personal Loan EMI Calculator
Calculate Your Personal Loan EMI
Select Your Bank
Your Monthly EMI Payment
₹0
Tip Paying one extra EMI every year saves ₹19.6K in interest and closes the loan 8 months earlier.
Amortisation schedule
Monthly EMI
₹ 16,134
Total interest
₹ 80,809
Total payment
₹ 5,80,809
Tip Paying one extra EMI every year saves ₹5.0K in interest and closes the loan 2 months earlier.
Reducing-balance method. Final EMI may differ slightly due to rounding.
What Does This Mean?
Your EMI explained in simple language.
- Loan amount
- ₹ 5,00,000
- Interest rate
- 10% p.a.
- Tenure
- 3 yr (36 mo)
- Monthly EMI is ₹ 16,134
- Total repayment is ₹5.81 lakh
- Interest contributes 13.9% of total repayment
- Your EMI is well-balanced between principal and interest. Ensure the monthly payment stays within 55% of your net income.
- Extending tenure may reduce your EMI but increase the total interest paid
Monthly EMI
₹ 16,134
Total Interest
₹ 80,809
Total Repayment
₹ 5,80,809
Interest Share
13.9%
OBC Personal Loan EMI Calculator
Personal Loan Interest Rate Comparison of different Banks
| Banks/NBFCs | Interest Rates(p.a.) |
|---|---|
| HDFC Bank | 10.85% onwards |
| Axis Bank | 11.25% onwards |
| Kotak Mahindra Bank | 10.99% onwards |
| ICICI Bank | 10.85% onwards |
An individual can easily know the Oriental Bank of Commerce Personal Loan EMI amount by using the Paisabazaar’s Personal Loan EMI Calculator. The easy to use calculator helps you to know your future EMIs in advance so that you can manage your all expenses accordingly. Select the desired loan amount, tenure and interest rate to know your EMIs.
| Loan Amount | Rate of Interest | Loan Tenure | EMI |
|---|---|---|---|
| Rs. 5,34,000 | 11% | 12 months | Rs. 47,195 |
| Rs. 6,27,000 | 11.25% | 15 months | Rs. 45,003 |
| Rs. 8,19,000 | 11.25% | 19 months | Rs. 47,259 |
| Rs. 8,96,000 | 11.37% | 28 months | Rs. 36,584 |
| Rs. 9,36,000 | 11.5% | 38 months | Rs. 29,504 |
Benefits of Using EMI Calculator
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