Worked EMI, tenure, flat-rate, eligibility, offer comparison, prepayment and balance transfer sums with the arithmetic shown, plus application checklists.
Two personal loan offers with similar headline rates can cost tens of thousands of rupees apart once tenure, fees, insurance and the way interest is calculated are added in. The guides here do the sums step by step so you can repeat them with your own figures: the EMI formula and amortisation, choosing a tenure, converting a flat rate into a reducing-balance rate, how lenders work out how much you can borrow (FOIR), comparing three offers on APR, prepaying to cut EMI or tenure, and when a balance transfer or top-up actually saves money.
Begin with the personal loan EMI calculation guide, which links to everything in this section. The EMI calculator, processing fee and GST calculator and balance transfer calculator use the same formulas, and the offer checklist collects the questions to ask before you accept.
Every figure in a worked example is an illustrative input chosen to show the method, not a rate any lender is offering.
EMI Calculations and Checklists
Compare three illustrative personal loan offers on APR, net amount received and total outgo, and learn why the lowest headline rate is often not the cheapest loan.
EMI Calculations and Checklists
How flat-rate quotes work on Indian consumer and personal loans, how to convert a flat rate to a reducing-balance rate, and worked examples with the arithmetic shown.
EMI Calculations and Checklists
How a personal loan balance transfer works in India, how to count foreclosure charges and new fees, worked break-even examples, and when a top-up loan beats a new loan.
EMI Calculations and Checklists
The KYC, income and bank documents Indian lenders usually ask for on a personal loan, how video KYC and Account Aggregator consent work, and what to keep after disbursal.
EMI Calculations and Checklists
How Indian banks and NBFCs work out how much personal loan you can get from your income, existing EMIs and credit report, with FOIR worked examples and ways to improve eligibility.
EMI Calculations and Checklists
The reducing-balance EMI formula Indian lenders use, step-by-step arithmetic, how each EMI splits into interest and principal, and checklists for every personal loan sum.
EMI Calculations and Checklists
What happens when you prepay part of a personal loan in India, how much interest each option saves, how prepayment charges change the result and the steps to do it.
EMI Calculations and Checklists
Worked comparison of personal loan tenures in India, how tenure affects EMI, total interest and eligibility, and a decision method for choosing the right repayment period.
