- Calculates the EMIs and total interest cost payable instantly.
- It is free of cost, available online and gives accurate results.
- The parameters can be modified.
- Assesses the loan affordability of the applicants and allows them plan their budget efficiently.
RBL Bank Personal Loan EMI Calculator
RBL Bank personal loan EMI calculator helps in calculating the overall borrowing cost of the applicant, thereby assessing their financialsituation. Individuals can thus plan their EMIs beforehand without compromising on their savings and investments. Prospective borrowers can also use Paisabazaar personal loan EMI calculator to calculate their EMIs and total interest cost payable throughout the loan tenure....
RBL Bank personal loan EMI calculator helps in calculating the overall borrowing cost of the applicant, thereby assessing their financial situation. Individuals can thus plan their EMIs beforehand without compromising on their savings and investments. Prospective borrowers can also use Paisabazaar personal loan EMI calculator to calculate their EMIs and total interest cost payable throughout the loan tenure.
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Get up to ₹50 Lakhs starting at 9.98%
4.5/5
15.5L Reviews
5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Wide Choice
Curated offers from 30+ lenders
Quick Disbursal
Money in your account instantly
SmartMatch
Offers ranked according to eligibility
Digital Process
Hassle-free & paperless
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%
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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
Features of RBL Bank Personal Loan EMI Calculator
Comparison of RBL Bank Personal Loan EMI with Top Banks
| Lenders | EMI (Rs.) | ||
|---|---|---|---|
| Interest rate (% p.a.) | Loan Amount – Rs. 5 lakh Tenure – 5 years | Loan Amount – Rs. 1 lakh Tenure – 5 years | |
| RBL Bank | 18 | 12,697 | 2,539 |
| YES Bank | 13.00 - 16.00 | 11,377 - 12,159 | 2,275 - 2,432 |
| HDFC Bank | 9.99 - 12.50 | 10,621- 11,249 | 2,124 - 2,250 |
| Tata Capital | 11.50 onwards | 10,996 onwards | 2,199 onwards |
| ICICI Bank | 11.00 - 13.00 | 10,871-11,377 | 2,174-2,275 |
| Bank of Baroda | 10.40-18.10 | 10,722-12,724 | 2,144-2,545 |
| Axis Bank | 9.99 - 17.15 | 10,621 - 12,467 | 2,124 - 2,493 |
| Kotak Mahindra Bank | 10.5 - 17.20 | 10,747-12,480 | 2,149 - 2,496 |
| Bank of India | 11.10-16.15 | 10,896-12,199 | 2,179-2,440 |
| Canara Bank | 9.95-15.40 | 10,611-12,000 | 2,122-2,400 |
RBL Bank Personal Loan Amortization Schedule
Suppose you borrow a loan of Rs. 10 lakh @ 18% 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 (₹) | Outstanding Balance (₹) |
| 1 | 25,393.43 | 15,000.00 | 10,393.43 | 9,89,606.57 |
| 2 | 25,393.43 | 14,844.10 | 10,549.33 | 9,79,057.24 |
| 3 | 25,393.43 | 14,685.86 | 10,707.57 | 9,68,349.67 |
| 4 | 25,393.43 | 14,525.25 | 10,868.18 | 9,57,481.49 |
| 5 | 25,393.43 | 14,362.22 | 11,031.21 | 9,46,450.29 |
| 6 | 25,393.43 | 14,196.75 | 11,196.67 | 9,35,253.61 |
| 7 | 25,393.43 | 14,028.80 | 11,364.62 | 9,23,888.99 |
| 8 | 25,393.43 | 13,858.33 | 11,535.09 | 9,12,353.90 |
| 9 | 25,393.43 | 13,685.31 | 11,708.12 | 9,00,645.78 |
| 10 | 25,393.43 | 13,509.69 | 11,883.74 | 8,88,762.04 |
| 11 | 25,393.43 | 13,331.43 | 12,062.00 | 8,76,700.04 |
| 12 | 25,393.43 | 13,150.50 | 12,242.93 | 8,64,457.12 |
Benefits of RBL Bank Personal Loan EMI Calculator
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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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