EMI for 10 Lakh Loan
Monthly EMI, total interest, and total payment for a ₹10 Lakh loan at common interest rates and tenures — used for personal loans, education loans, and car purchases.
| Tenure | 8% p.a. | 9% p.a. | 10% p.a. |
|---|---|---|---|
| 10 years | ₹12,133 | ₹12,668 | ₹13,215 |
| 15 years | ₹9,557 | ₹10,143 | ₹10,746 |
| 20 years | ₹8,364 | ₹8,997 | ₹9,650 |
Monthly EMI shown for each combination. Use the calculator below for your exact rate and tenure.
Calculate your exact EMI
Frequently Asked Questions
What is the EMI for a 10 Lakh loan?
The EMI for a 10 Lakh loan depends on the interest rate and tenure. At 9% interest over 20 years, the EMI is approximately ₹8,997 per month. See the table below for other rate and tenure combinations.
What is a 10 Lakh loan commonly used for?
A loan of this size is commonly used for personal loans, education loans, and car purchases in India.
Does a longer tenure always mean a better deal?
No — a longer tenure lowers the monthly EMI but increases the total interest paid over the life of the loan. Compare the total interest column, not just the EMI, when choosing a tenure.