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IndusInd Bank Personal Loan Interest Rates

Interest Rate Comparison Tool

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RESULTS
Loan Amount₹ 2,50,000
Interest Rate10.99%%
Tenure(Months)224
Monthly Instalment (EMI)₹ 2,631
Total Interest Amount₹ 3,39,334
Total Amount (Principal + Interest)₹ 5,89,334

Highlights

  • Use a loan EMI calculator to be double sure.
  • Know your payments and be prepared accordingly.

IndusInd Bank Personal Loan EMI Calculator

A loan calculator only asks for the loan amount, rate of interest and tenure of your loan. Based on these, it would show the results for monthly installment, total interest outgo and the total repayment which is the combination of the principal amount and the interest you pay to the bank.

IndusInd Personal Loan EMI Calcualtor Details

In the below tables, you can have a look at the EMI amount for different loan amounts at the end of different periods at an IndusInd Bank personal loan interest rate of 10.99% to 16 % per annum.

IndusInd Personal Loan EMI for Different Loan Amounts and Different Tenures at an interest rate of 10.99% per annum

You can have a look at the EMI amounts for a period of 2, 3, 4 and 5 years respectively for a loan amount ranging from 1 lakh to 15 lakh at an interest rate of 10.99% per annum.

Loan Amount 2 Years 3 Years 4 Years 5 Years
INR 1,00,000INR 4,660INR 3,273INR 2,584INR 2,174
INR 3,00,000INR 26,513INR 13,981INR 7,752INR 6,521
INR 5,00,000INR 23,302INR 16,367INR 12,920INR 10,869
INR 7,00,000INR 32,622INR 22,914INR 18,088INR 15,216
INR 10,00,000INR 46,603INR 32,734INR 25,841INR 21,737
INR 15,00,000INR 69,905INR 49,101INR 38,761INR 32,606

IndusInd Personal Loan EMI for Different Loan Amounts and Different Tenures at an interest rate of 16.00% per annum

You can have a look at the EMI amounts for a period of 2, 3, 4 and 5 years respectively for a loan amount ranging from 1 lakh to 15 lakh at an interest rate of 16% per annum.

Amount (in ₹) 2 Years 3 Years 4 Years 5 Years
1,00,000₹ 4,896₹ 3,516₹ 2,834₹ 2,432
3,00,000₹ 14,689₹ 10,547₹ 8,502₹ 7,295
5,00,000₹ 24,482₹ 17,579₹ 14,170₹ 12,159
7,00,000₹ 34,274₹ 24,610₹ 19,838₹ 17,023
10,00,000₹ 48,963₹ 35,157₹ 28,340₹ 24,318
15,00,000₹ 73,445₹ 52,736₹ 73,445₹ 36,477

Frequently Asked Questions

1. How Indusind Bank Personal loan EMI is calculated?

The EMI on the Indusind Bank Personal Loan is calculated on the basis of Principal Amount, Tenure, and Rate of Interest. Your EMI will get reduced if you borrow a loan at a low-interest rate.

2. How can I pay Indusind bank Loan EMI?

You can pay the EMI through the Auto-Debit facility given by the IndusInd Bank. The bank will deduct the EMI on the date given by you until the expiry of the tenure and your IndusInd bank personal loan will be cleared.

3. What is the formula to calculate Personal loan EMI?

The formula to calculate the Personal Loan EMI is:-

  • EMI=P x R x (1+R)^n/((1+R)^n-1)
  • P is the Personal Loan Amount
  • R is the Rate of Interest Per month.
  • Small “n” represents the tenure given by the bank

4. What factors affect Indusind Bank Personal Loan EMI?

The factors that affect the IndusInd Bank Personal Loan EMI are the Personal Loan Amount, Tenure, and the Rate of interest charged by the bank.

5. What is the best way to calculate EMI for an Indusind Bank Loan?

The best way to calculate the EMI is through the IndusInd Bank personal loan EMI calculator. You will just have to enter the Loan Amount, Tenure, and rate of interest to calculate the exact EMI of your personal loan.

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