EMI on ₹1 lakh Personal Loan for 1 year
The EMI on a ₹1 lakh personal loan for 1 year at 12% a year is ₹8,885 a month. You pay ₹6,619 as interest, so the total repaid is ₹1,06,619.
- Loan amount
- ₹1,00,000
- Interest rate
- 12% a year
- Tenure
- 1 year (12 months)
- Monthly EMI
- ₹8,885
- Total interest
- ₹6,619
- Total amount paid
- ₹1,06,619
- Processing fee at 2% + GST
- ₹2,360
If the rate is different
At 11.5% the EMI would be ₹8,862; at 12.5% it would be ₹8,908. Every 0.5% changes the total interest by about ₹281 over the full tenure.
Year by year
| Year | Principal paid | Interest paid | Loan left |
|---|
| 1 | ₹1,00,000 | ₹6,619 | ₹0 |
|---|
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Rates used: October–December 2026 where a government rate applies. Results are estimates.