# DCB Bank Personal Loan EMI Calculator

₹ 50,000 ₹ 10,00,00,000
1.00 % 50.00 %
12 Months 50 years
RESULTS
Loan Amount ₹ 2,50,000
Interest Rate 10.99%%
Tenure(Months) 224
Monthly Instalment (EMI) ₹ 2,631
Total Interest Amount ₹ 3,39,334
Total Amount (Principal + Interest) ₹ 5,89,334
• Don’t know what the EMI is going to be on the DCB Bank Personal Loan?

You can use the tool of DCB Bank personal loan EMI calculator to calculate the installments applicable to the loan you get from this private lender. The calculator helps an individual know his/her EMI before the loan sanction. You just need to insert a few details to generate the approximate EMI for the borrowed loan. These details are the principal amount, interest rate and repayment tenure. Read this page further to know the function of the calculator in detail.

### How the DCB EMI Calculator Works?

If you are curious to know about the calculator, you should first know the formula that it uses to provide you repayment estimates. Let’s be told it uses a mathematical expression to give you the EMI.
The formula is [P x R x (1+R)^N]/[(1+R)^N-1] where,
P=Principal Loan Amount
R=Monthly Interest Rate
N=Number of Monthly Installments

Suppose Nidhi Aggarwal, a 25-year-old Senior Manager, works in a reputed company and needs a personal loan of INR 5 Lakh to renovate the home. She has applied to avail the same loan amount and the bank has approved it at an interest rate of 11.80% per annum for a tenure of 5 years. But Nidhi wants to be fully sure about the EMIs, whether they would be pocket-friendly or not? Thus, she uses the DCB Bank Personal Loan EMI Calculator to find the answer to the same. So, let’s take a look at the table below and know what happens when Nidhi calculates the EMI.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

LOAN AMOUNT INTEREST RATE TENURE MONTHLY INSTALMENT TOTAL INTEREST AMOUNT TOTAL AMOUNT
₹ 5,00,00011.80%1₹ 44,378₹ 32,532₹ 5,32,532
₹ 5,00,00011.80%2₹ 23,490₹ 63,762₹ 5,63,762
₹ 5,00,00011.80%3₹ 16,559₹ 96,140₹ 5,96,140
₹ 5,00,00011.80%4₹ 13,118₹ 1,29,658₹ 6,29,658
₹ 5,00,00011.80%5₹ 11,072₹ 1,64,305₹ 6,64,305

EMI, Total Interest Outgo, Total Repayment (Interest + Principal)

YEAR PRINCIPAL INTEREST BALANCE AMOUNT
1₹ 77,989₹ 54,871₹ 4,22,010
2₹ 87,706₹ 45,154₹ 3,34,303
3₹ 98,634₹ 34,226₹ 2,35,668
4₹ 1,10,924₹ 21,937₹ 1,24,744
5₹ 1,24,852₹ 8116₹ 0