Personal Loan EMI Calculator

See how much you can save by choosing right Personal Loan

Loan Amount AED 0 AED 0 AED 10L
Interest Rate (Reducing Rate) 0.00 % 0% 20%
Tenure 0 Months 0 48
Monthly EMI -
Total Repayment -
Total Interest -
Interest Rate (Flat) -

What is a Personal Loan EMI Calculator?

With the help of the Personal Loan EMI Calculator, you can get your Equated Monthly Installment (EMI) instantly depending on the loan amount you want.

How does Personal Loan EMI Calculator Work?

EMI calculator is an easy tool that helps you calculate your loan EMI based on some parameters such as the amount borrowed and the interest rate applicable based on loan tenure. The best part is you can use the tool anytime without any charges and choose a loan best suitable for you.

Factors affecting Your EMI Amount

Some of the factors that can affect your EMI amount are :

  1. Loan amount - The higher amount of loan you borrow the high would be the monthly installment. In this, the interest rate and tenure remain constant.
  2. Interest rate - If your interest rate is high then you need to pay a high amount of monthly installment.
  3. Tenure - If the tenure is for long period the monthly installment would be low but this would lead to a high amount of interest rate as compared to a shorter tenure of the loan.


To reduce your loan EMI you can either go for a lower loan amount or a loan with longer tenure.

No, till now no such option is available.

GST does not apply to personal loan EMI. However, GST at 18% is may be charged on processing fees, foreclosure charges, late payment charges, etc.

In circumstances you do not pay your personal loan EMI, you will be charged late payment fees and penal interest on the amount remaining unpaid. The lender can also report it to the credit agency and this would affect your credit score which in turn will make it difficult for you to get a new loan.

About Soulwallet

We help you conduct personal loan comparisons and compare credit cards in the UAE. In the process, we help you identify the options that will let you save money and enjoy the best perks. We have redefined “Comparison” in a way that has never been done before in the UAE.