Loan Calculator

Quickly calculate your loan interest and repayment amount

Loan Parameters

10,000
₹1,000 ₹100,000
120
91 Days 365 Days
18
12% 18%

Calculation Results

Loan Amount ₹10,000
Loan Term 120 Days
Interest Rate 18%
Daily Interest ₹5.00
Monthly Interest ₹150.00
Monthly Payment ₹2,650.00
Total Interest ₹600.00
Total Repayment ₹10,600.00

Calculation Guide

Calculation Formula

  • Daily Rate = Annual Rate ÷ 365
  • Daily Interest = Loan Amount × Daily Rate
  • Monthly Interest = Daily Interest × 30
  • Monthly Payment = Monthly Interest + Monthly Principal
  • Total Interest = Daily Interest × Loan Term

Important Notes

  • Calculation results are for reference only
  • Final interest rate may vary based on credit assessment
  • All loan products are free of charge
  • Actual approval subject to partner institutions

Calculation Example

Loan ₹10,000, 120 days term, 18% annual rate:

  • Daily Interest: ₹5.00
  • Monthly Interest: ₹150.00
  • Total Interest: ₹600.00
  • Total Repayment: ₹10,600.00

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