Citibank Personal Loan EMI Calculator

Loan Amount (₹) ₹

₹ 50k ₹ 50L

Rate of Interest (%) %

6.0% 30.0%

Loan Tenure (months) Months

6 months 30 years

Principal Amount

Interest Amount

Monthly EMI

₹4,442.44

Principal Amount

₹ 50,000

Interest Amount

₹ 3,309.27

Tenure (Month)

12 months

Total Amount

₹53,309.27

Your Amortization Details (Yearly/Monthly)

2024

Month	Principal Paid	Interest Charged	Total Payment	Balance
Aug	₹3,942.44	₹500.00	₹4,442.44	₹46,057.56
Sept	₹3,981.86	₹460.58	₹4,442.44	₹42,075.70
Oct	₹4,021.68	₹420.76	₹4,442.44	₹38,054.01
Nov	₹4,061.90	₹380.54	₹4,442.44	₹33,992.11
Dec	₹4,102.52	₹339.92	₹4,442.44	₹29,889.60

2025

Month	Principal Paid	Interest Charged	Total Payment	Balance
Jan	₹4,143.54	₹298.90	₹4,442.44	₹25,746.05
Feb	₹4,184.98	₹257.46	₹4,442.44	₹21,561.07
Mar	₹4,226.83	₹215.61	₹4,442.44	₹17,334.25
Apr	₹4,269.10	₹173.34	₹4,442.44	₹13,065.15
May	₹4,311.79	₹130.65	₹4,442.44	₹8,753.36
Jun	₹4,354.91	₹87.53	₹4,442.44	₹4,398.45
Jul	₹4,398.45	₹43.98	₹4,442.44	₹0.00

Highlights

Use EMI calculator to check your payments in advance.

If you have applied for a personal loan at Citibank, you can check your EMI as it helps in managing other finances accordingly. The calculator is simple to use and shows the result in just a few minutes. An interest rate calculator is an online tool which provides you the option to check your future payments in advance as per the suitable time and place.

How to use Personal Loan EMI Calculator?

Using a loan EMI calculator is an easy task. You can use it as many time as you want with different details. There is also an amortization schedule which is the track record of the balance payment at the end of each year.

The calculator takes into account the following details:

Loan Amount
Interest Rate
Tenure

What is the formula used for EMI Calculation?

The calculation in the EMI calculator is done through the below-given formula:

EMI=[P x R x (1+R)^N]/[(1+R)^N-1]
where,

EMI=Equated Monthly Installment
P=Principal Loan Amount
R=Monthly Interest Rate
N=Number of Monthly Installments