Apply for a personal loan, hybrid flexi loan or overdraft.
Explore options from banks and NBFCs. Estimate a personal loan EMI below, or share your requirements for our team to review.
Personal loan rates from 9.9% p.a.*
*Starting rate. Your final rate, fees and approval depend on the lender and your profile.
Personal loan EMI calculator
Adjust the amount, interest rate and tenure to estimate your personal loan EMI. No contact details needed.
Estimated monthly EMI
₹9,666/ month
- Principal
- ₹3,00,000
- Total interest
- ₹47,979
- Total repayment
- ₹3,47,979
Copies this amount into the enquiry form. Nothing is submitted yet.
Illustrative estimate at 9.9% p.a. on a reducing balance. For standard personal loans only; this does not estimate hybrid flexi or overdraft repayments. Excludes processing fees, taxes and other charges. Actual rate, EMI, tenure and approval depend on the lender and your profile. Calculator ranges are illustrative, not eligibility limits. Figures are rounded to the nearest rupee.
Tell us what you need
This starts an enquiry with LoanMitra. Approval and final terms depend on the lender.
What happens after your enquiry?
Send your enquiry
Choose personal loan, hybrid flexi loan or overdraft, then share your details and required amount or credit limit.
Receive confirmation
After receipt, WhatsApp opens with a draft message. Review it and tap Send if you want to share it there.
Discuss your options
Our team reviews your enquiry and contacts you to discuss available options. Approval and final terms depend on the lender.
Options from banks and NBFCs
Discuss bank and NBFC options with our team, including these NBFCs:
- Bajaj Finance
- Tata Capital
- Aditya Birla Capital
Available products and lenders depend on your profile and serviceable location.
Enquiries welcome from all salary-account banks.
Examples of salary-account banks. These logos do not indicate lending partnerships or guaranteed loan availability.
- Personal loan enquiries
- Hybrid flexi & overdraft options
- Estimate your personal loan EMI
- For salaried applicants across India
Questions about your EMI and enquiry
Who can submit a loan enquiry?
Salaried residents of India with a monthly take-home salary of at least ₹18,000 can enquire about a personal loan, hybrid flexi loan or overdraft facility. Enquiries are welcome across India. Each lender applies its own age, employment, credit, income and serviceable-location criteria; meeting this salary threshold does not guarantee eligibility or approval for any product.
How is my EMI estimate calculated?
The calculator uses your selected amount, tenure and annual interest rate, calculated monthly on a reducing balance. The initial 9.9% rate is illustrative and can be changed. It shows estimated monthly EMI, total interest and total repayment, rounded to the nearest rupee. Processing fees, taxes and other charges are excluded. Calculator ranges are examples, not eligibility limits. This calculation is for standard personal loans, not hybrid flexi loans or overdrafts.
How do personal loans, hybrid flexi loans and overdrafts differ?
A standard personal loan is repaid through scheduled instalments. Hybrid flexi loans can offer flexible withdrawals and an initial interest-only repayment phase, subject to the lender’s terms. An overdraft is a credit facility with interest generally based on the amount used and the time it remains outstanding. These products have different fees, limits and repayment obligations. Our team can discuss the available options; the EMI calculator does not model flexi or overdraft repayments.
Is the 9.9% interest rate guaranteed?
No. The advertised starting rate and calculator estimate are not a personalised loan offer. Your actual rate, EMI, tenure, fees and approval depend on the lender and your profile. Review the lender’s final terms before accepting a loan.
Can I use the calculator without submitting my details?
Yes. Calculations run in your browser and do not require contact details. “Enquire for this amount” only copies the selected amount into the enquiry form. Your form details are sent only when you submit the enquiry with contact consent.
What happens after I submit an enquiry?
After receipt is confirmed, you see an enquiry reference and WhatsApp opens with a draft message including your product interest. Review it and tap Send if you want to share it there; opening the chat does not send the message. Our team reviews your requirements and contacts you to discuss available options. Submitting an enquiry does not guarantee approval or commit you to a loan.
Are the banks shown your lending partners?
The logos are examples of salary-account banks, not a list of lending partners. Enquiries are welcome regardless of your salary account bank. Available lenders and loan products depend on your profile and serviceable location.