Calculators · Personal loan
Personal loan EMI, computed honestly.
Up to ₹40 Lakhs, no collateral, rates from 9.99% p.a. Set your amount and tenure to see the exact instalment before you apply — then let 10+ lenders compete for your application.
Personal loan EMIs in India
Personal loans are unsecured, so rates depend heavily on your credit profile — typically 9.99%–24% p.a. for salaried applicants with good credit scores. Tenures usually run 12 to 84 months, and amounts from ₹50,000 up to ₹40 Lakhs.
Because there's no collateral, lenders judge your repayment capacity from income, existing EMIs and credit history. A strong profile can shave several percentage points off the quoted rate — on a ₹5 Lakh loan over 3 years, 3% lower interest saves about ₹25,000.
Why compare offers before accepting
The same borrower can get materially different quotes from different lenders on the same day. On Samridhya, one application reaches multiple RBI-registered banks and NBFCs simultaneously, and they respond with live offers — so you compare real rates, not advertised ones.
Use the schedule view to check how much interest you'd pay in the first year. If you plan to prepay early, favour lenders with zero foreclosure charges.
Common questions.
What is the EMI on a ₹5 Lakh personal loan?
At 10.99% p.a. for 36 months, the EMI is about ₹16,367. At 60 months it drops to about ₹10,869, but total interest nearly doubles — from roughly ₹89,000 to ₹1.52 Lakhs.
What interest rate can I get on a personal loan?
On Samridhya, personal loan offers start at 9.99% p.a. for strong credit profiles. Your exact rate depends on credit score, income stability and existing obligations.
How much personal loan can I get on my salary?
Lenders typically allow total EMIs up to 40–50% of net monthly income. On a ₹50,000 take-home salary, that supports roughly ₹20,000–25,000 in EMIs — around ₹7–9 Lakhs over 48 months at current rates.
Does checking loan offers affect my credit score?
Comparing offers through Samridhya uses a soft enquiry, which does not affect your CIBIL score. A hard enquiry happens only when you proceed with a specific lender.