CashLoan – Instant Personal Loan Quick, simple and easy online loans

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Estimate your EMI and find the right loan

Calculate your expected EMI and explore loan options designed to fit your financial goals and monthly budget.

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How it works

  1. Choose your preferences

    You have picked your period, amount, work type and loan type.

  2. Compare loan options

    Review the options that match your profile and budget.

  3. Apply with a lender

    Fill in your details and upload the documents the lender asks for.

  4. Get verified and receive the money

    Once the lender approves your application, the amount is sent to your bank account.

Understand your EMI

Your monthly EMI depends on the loan amount, the interest rate and the number of months you take to repay.

EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1)
P = loan amount, r = monthly interest rate, n = number of months

Example

A loan of 1,00,000 at 12% a year for 12 months has an EMI of about 8,885. You would repay about 1,06,619 in total, so about 6,619 is interest. This is only an illustration, not an offer.

Before you apply

  • Check your credit score and fix any errors.
  • Compare the interest rate, processing fee and other charges, not just the EMI.
  • Make sure the lender is registered and regulated, for example by the RBI in India.
  • Read the prepayment and late-payment terms.
  • Never pay money in advance to get a loan approved.

Common questions

What affects my interest rate?

Your credit score, income, loan type, repayment period and the lender's own policy all play a part.

What happens if I miss an EMI?

The lender may charge a late fee and report the delay, which can lower your credit score. Contact the lender early if you expect trouble paying.