Personal Loan EMI Calculator

I'd like to borrow:
Over a period of:
Rate of Interest (Monthly Reducing):
% Yearly

Please Note: This Interest Rate is monthly reducing and not simple/flat.

Loan Amount: ₹ 50000

Loan Tenure: 24 Months

Rate of Interest: 24%

What is Personal loan EMI calculator?

Today with the availability of loans, you can acquire anything that you wish to by opting for EMIs. In simple terms, EMI also known as Equated Monthly Instalment is the amount that is payable to the lender on a monthly basis. The payable EMI consist of three components- principal amount, interest rate and the loan tenure. To make it easy for you to calculate the monthly payment you have to make towards the specific loan amount you opt for, a personal loan EMI calculator can be of great help. A personal loan calculator is a financial tool that helps you determine the EMI amount you are liable to pay the lender by taking into account the loan amount, tenure and rate of interest you opt for.

How is Personal Loan EMI Calculated?

Personal Loan EMI is calculated on the basis of the following:

  1. Personal Loan Amount
  2. Loan Tenure
  3. Rate of Interest on the Personal Loan

Keep in mind that the loan tenure should be calculated in months before using the formula below to calculate the personal loan EMI. Here's how one can calculate the personal loan EMI with the following formula:


Here is what the letters stand for in the formula above:
P is the loan amount or principal that is borrowed
R is the interest rate that is charged on the principal (monthly rate)
N is the loan repayment tenure or the number of installments you will have to pay every month

Benefits of Using EMI Calculator

  1. Saves Time: Calculating your EMIs with an EMI calculator is quick and simple since you don’t need to manually calculate anything. You can also do numerous calculations in just a few minutes, simply by entering the details and letting the EMI calculator do the work!
  2. Accuracy: If you plan to calculate your EMI manually, you might make a mistake, which will lead to completely incorrect information. This can make a negative impact on your personal loan. That is why we recommend to use the personal EMI calculator, which automatically uses the formulas required to calculate your EMI with accuracy, just a few seconds.
  3. Budget Planning: When you plan to avail a personal loan, you will need to plan your budget in order to ensure you can manage your monthly expenses. With our EMI calculator, you can look at the term loan details instantly.

How does Upwards personal loan EMI calculator work?

Upwards personal loan EMI calculator is designed to help you calculate the EMI you will have to pay each month towards the loan amount you opt for a specific tenure and interest rate. The calculator is simple to use as it requires you to submit just a few details.

  1. For using the calculator, first enter the loan amount you plan to opt for. You can enter loan amount anywhere between ₹ 15,000- ₹ 5,00,000.
  2. Then enter the tenure, anywhere between 6 months-60 months
  3. Proceed with entering the interest rate on per annuum basis
  4. Then click on enter and the EMI amount will be displayed

The Upwards Advantage


EMI as low as ₹ 1500 for a loan of ₹ 50,000

Quick Approvals

Get approval within 24 hours and disbursal within 48 hours

Fully Digital

Comes with auto-debit e-NACH and EMI facility

How it Works?

Fill in Application Form

Get Approved In 24 Hours Maximum

Digital Signature & e-NACH Setup

Flexible Loans For All Pocket Sizes!

Personal Loan EMI Calculator FAQs

Can I use Upwards personal loan EMI calculator for calculating my wedding loan EMI?
Yes, you can calculate personal loan EMI using wedding loan calculator.
How can I download the Upwards app?
You can install the Upwards app from the Google Playstore or simply search for Upwards quick loans and click on the install option.
What are the benefits os using Upwards Personal Loan EMI calculator?
You can install the Upwards app from the Google Playstore or simply search for Upwards quick loans and click on the install option.
  • Helps you calculate the EMI amount in seconds
  • Saves your time by preventing you from doing the complex calculations by yourself
  • Helps you plan your finances in a better way by allowing you to calculate the EMI amount by filling out different loan amount, tenure and interest rates.
Does applying for a personal loan with Upwards affect my credit score?
No, applying for a personal loan with Upwards does not affect your credit score.
What are the documents required when applying for personal loan with Upwards?
The below documents have to be submitted when applying for loan with Upwards:
  • PAN card
  • Aadhar card
  • Company ID
  • Salary slip
  • Address proof
  • Bank statement
How can I contact Upwards loans?
You can get in touch with us by mailing us at


The Upwards EMI calculator is provided for user’s convenience and information purposes. The data generated using the EMI Calculator is entirely and solely based on a number of variable factors, including assumptions provided. Upwards Fintech Services Private Limited does not guarantee any accuracy or applicability to your circumstances. For more details on personal loans, terms and conditions for availing loans and eligibility criteria, please refer to our FAQs. User should exercise due diligence and caution (if necessary, including obtaining the advice of a financial/accounting/tax/legal professional) prior to taking any decision on the basis of the information provided and generated herein. Upwards Fintech Services Private Limited does not take liability for any miscalculation or financial loss attributed to using the EMI calculator.