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Personal Loan Calculator

Personal loan EMI

Loan amount (৳)

Annual interest rate (%)

Tenure (years)

Frequently Asked Questions

How is a personal loan EMI calculated?

EMI = P·r·(1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan amount, r the monthly rate (annual ÷ 12 ÷ 100) and n the number of monthly instalments.

Calculate the monthly EMI, interest and total payable on a personal loan.