- Personal Loan EMI is the amount payable by the borrower on a monthly basis until the end of the loan tenure.
- Those availing personal loans must pay the EMI amount, which includes both the principal and the interest component 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 while the EMI for personal loans availed at floating rates are subject to change depending on any change in the interest rates.
Faircent Personal Loan EMI Calculator
Personal Loan applicants can use the Faircent personal loan EMI calculator to determine the interest cost, loan amount and EMIs payable on their personal loans at various interest rates, loan tenures and loan amounts. Loan applicants availing Faircent personal loans can also use online personal loan EMI calculators to find out the optimal EMI and tenure for their loan based on their repayment capacity.
Calculate Your Personal Loan EMI
Select Your Bank
₹
50K50L
8%30%
1Y 10Y
Your Monthly EMI Payment
₹0
Principal Amount₹0
Interest Amount₹0
Total Amount₹0
Find Best Personal Loan Offers
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 Fee₹ 6,500
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%
Why Choose Paisabazaar?



Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
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
What is Personal Loan EMI?
What is Faircent Personal Loan EMI Calculator?
How Do I Select the ROI for Faircent Personal Loan EMI Calculator?
Personal Loan Interest Rates of Top Banks/NBFCs
| Bank/NBFC | Interest Rates (% p.a.) |
|---|---|
| Aditya Birla Finance | 10.99 onwards |
| Axis Bank | 9.99 onwards* |
| Bank of Baroda | 10.15-18.00 |
| Bajaj Finance Limited | 10.00-30.00 |
| Bank of India | 10.85-16.15 |
| Bank of Maharashtra | 8.75-13.55 |
| Canara Bank | 9.70-15.15 |
| Central Bank of India | 9.85-11.65 |
| Cholamandalam IFC | 10.00-28.00 |
| Dhani Loans & Services Ltd. | 13.99 onwards |
| Federal Bank | 12.00 - 22.50* |
| HDB Financial Services | 10.00 - 35.00 |
| HDFC Bank | 9.99 onwards |
| Hero Fincorp | Up to 30* |
| HSBC Bank | 9.75 onwards |
| ICICI Bank | 9.99 onwards |
| IDFC FIRST Bank | 9.99 onwards |
| IIFL Finance | 12.00 - 28.00 |
| Indian Overseas Bank | 10.25 onwards |
| IndusInd Bank | 10.35 onwards* |
| Kotak Mahindra Bank | 9.98 onwards* |
| L&T Finance | 11.00 onwards |
| Mahindra Finance | 8.00 - 25.00 |
| Mannapuram Finance | 18.00 - 24.00 |
| Moneyview | 14.00 onwards |
| Muthoot Finance | 13.50 onwards |
| Piramal Finance | 12.14 onwards |
| Poonawalla Fincorp | 9.99 onwards |
| Punjab & Sind Bank | 9.60-13.85 |
| Punjab National Bank | 10.25-16.80 |
| Shriram Finance | 11.00 onwards |
| Tata Capital | 10.99 onwards |
| UCO Bank | 9.95 - 13.20 |
| Union Bank of India | 8.75 - 12.55 |
Factors Affecting Faircent Personal Loan EMI
Rate of Interest
Loan Tenure
Loan Amount
Benefits of Using Faircent Personal Loan EMI Calculator
The main advantages of using Faircent personal loan EMI calculator are as follows:
Easy to Use
Provides Quicker and Accurate Results
Improve Personal Loan Eligibility
Budget Management
Healthy Credit Scores
Considering the above-mentioned factors, personal loan applicants should use Faircent personal EMI calculator to determine the optimal EMI and loan tenure based on their repayment capacity. Loan applicants can either use Faircent Personal Loan EMI Calculator or Paisabazaar’s Personal Loan EMI Calculator to calculate and compare the personal loan EMIs of other lenders as well.
Why Choose Paisabazaar?



Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
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
Explore Our Personal Loan Lenders
FAQs
Am I required to pay a fee to use the Faircent personal loan EMI calculator?
No, you are not required to pay any fee to use the Faircent personal loan EMI calculator online. It is available online for free and can be used anytime 24/7 by existing as well as new borrowers.
Does the EMI calculator give accurate results?
Yes, the EMI calculator gives highly accurate results because they are based on the standard EMI formula. However, the final EMI amount may slightly vary based on factors such as processing fees or changes in interest rates.
Will using an EMI calculator affect my chances of loan approval?
No, calculating the EMIs payable on your personal loan or experimenting with different loan combinations will not affect your chances of loan approval/rejection in any way.
Can I use the Faircent EMI calculator for other types of loans?
The Faircent personal loan EMI Calculator is designed specifically for personal loans. For other different types of loans like home loans or car loans, you are required to use their respective calculators.
How many times can I use the Faircent personal loan calculator?
You can use the Faircent personal loan EMI calculator as many times as you may need to find out the suitable EMI amount that suits your financial capacity.
What is the EMI for a Rs. 5 lakh personal loan for 5 years?
The current Faircent personal loan interest rate starts at 9.99% p.a., therefore EMI for a personal loan of Rs. 5 lakh over a tenure of 5 years would be Rs.10,621.
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