Personal Loan EMI Calculator

Calculate your personal loan EMI payments and compound Interest

Dreaming of a vacation, a perfect wedding, home renovation or a much desired gadget, you no longer need to wait to realize your dreams. Make life picture perfect with ICICI Bank Personal Loans.

  • Get flexible repayment options of 12-60 months
  • Pay interest 11.25% onwards
  • Get Loan disbursement in 3* seconds

 

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Disclaimer


The data generated herein is completely and solely based on the information/details provided by you in response to the questions specified by ICICI Bank Limited ("ICICI Bank"). These questions and the calculations thereon resulting in specific data are developed and based on certain tools and calculators that are made available to ICICI Bank and are based on pre-determined presumptions/assumptions. ICICI Bank, while providing and developing these tools, has relied upon and assumed, without independent verification, the accuracy and completeness of all information made available to it from public / private sources and vendors or which has otherwise been reviewed by ICICI Bank.

Such information and the resultant data is provided only for user's convenience and information purposes. ICICI Bank does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy. The use of any information set out is entirely at the User's own risk. User should exercise due care and caution (including if necessary, obtaining of advise of tax/ legal/ accounting/ financial/ other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein. ICICI Bank does not undertake any liability or responsibility to update any data. No claim (whether in contract, tort (including negligence) or otherwise) shall arise out of or in connection with the services against ICICI Bank. Neither ICICI Bank nor any of its agents or licensors or group companies shall be liable to user/ any third party, for any direct, indirect, incidental, special or consequential loss or damages (including, without limitation for loss of profit, business opportunity or loss of goodwill) whatsoever, whether in contract, tort, misrepresentation or otherwise arising from the use of these tools/ information contained / data generated herein.

Nothing contained herein shall amount to an offer, invitation, advertisement, promotion or sponsor of any product or services of ICICI Bank/third party and is not intended to create any rights or obligations. The use of this information is subject to the terms and conditions governing such products, services and offers as referred herein above and specified by ICICI Bank/third party from time to time and applicable laws .The information contained / data generated herein may be subject to change, updation, revision, verification and amendment without notice and such information/data generated may change materially. User cannot distribute, modify, transmit, reuse, report, or use the contents available for public or commercial purposes, including the text without ICICI Bank's written permission. The information and/ or intellectual property contained herein is strictly confidential, meant solely for the selected recipient, and may not be altered in any way, nor transmitted copied or distributed in part or in whole to any other person or to the media, or reproduced in any form without prior written consent of ICICI Bank or the relevant owner of the intellectual property as the case may be. "ICICI Bank" and "I-man" logos are the trademark and property of ICICI Bank Limited.
The EMI amount will vary depending upon the date of disbursal and period between the disbursal date and the first EMI.

How to use the Personal Loan EMI Calculator

  • Loan Amount – Use the slider to select your Personal Loan amount that you would like to borrow. For Example: Rs. 3,00,000.
  • Interest Rate - Personal Loan Interest Rate offered by ICICI Bank is 11.25%. You do not need to change this value to calculate Personal Loan EMI. The EMI Calculator will automatically calculate the EMI that would be applicable for a ICICI Bank Personal Loan
  • No. of Months – Use the slider to select the tenure of your Personal loan and calculate your monthly EMI. The EMI value decreases as the tenure of the Personal Loan increases, the EMI Calculator will calculate the varying EMIs applicable for varying tenures in Months.

What is Personal Loan EMI

EMI is short form “Equated Monthly Instalment” or the Amount that is payable per month if you take a personal loan of a certain amount for a certain period. The calculation of EMI depends on 3 main factors:

  • Personal Loan Amount – The Rupee value of the loan that you take
  • Personal Loan Interest Rate – The interest rate that the bank will charge for the Personal Loan
  • Tenure of Personal Loan – The period for which you take the Personal Loan

*Note : Applicable for select customers upon completion of online verification and acceptance of final offer.

Disclaimer


ICICI Bank Limited maintains this application (the "Application") for your convenience and personal information, education and communication of an estimation of the indicative equated monthly installment (EMI) and is not an offer, invitation or solicitation of any kind to avail any products / services of ICICI Bank and is not intended to create any rights or obligations of whatsoever nature. Please note that the EMI calculated through this Application is rounded off to the next higher integer. Further, the EMI calculated is based solely on the data entered by you and does not envisage changes that might occur due to any discounts, schemes or other promotional activities introduced by ICICI Bank from time to time on its own or in association with a third party.

No reliance may be placed for any purpose whatsoever on the information contained in this application or on its completeness. The information set out herein may be subject to updation, completion, revision, verification and amendment and such information may change materially. ICICI Bank does not undertake any liability or responsibility for the details, accuracy, completeness or correct sequence of any content or information provided through the application.

The intellectual property contained herein belongs solely to ICICI Bank and any form of reproduction, dissemination, copying, disclosure, modification, and/or publication of the Application and information contained therein is strictly prohibited. ICICI Bank is not representing or giving you any assurance that your expectations, objectives, and needs will be met with the facility availed.

The EMI amount will vary depending upon the date of disbursal and period between the disbursal date and the first EMI.