ICICI Personal Loan Calculator
Calculate EMI, check eligibility based on salary, and plan your ICICI Bank personal loan for India and NRI borrowers
Loan Details
Default: 10.99% for Resident
Maximum 84 months (7 years) for ICICI personal loans
Extra Payments (Optional)
Results
Payment Schedule
| Month | Payment Date | Beginning Balance | Principal | Interest | Extra Payment | Total Payment | Ending Balance |
|---|---|---|---|---|---|---|---|
| 1 | 1 November 2025 | ₹5,00,000.00 | ₹6,289.55 | ₹4,579.17 | ₹0.00 | ₹10,868.72 | ₹4,93,710.45 |
| 2 | 1 December 2025 | ₹4,93,710.45 | ₹6,347.15 | ₹4,521.56 | ₹0.00 | ₹10,868.72 | ₹4,87,363.30 |
| 3 | 1 January 2026 | ₹4,87,363.30 | ₹6,405.28 | ₹4,463.44 | ₹0.00 | ₹10,868.72 | ₹4,80,958.01 |
| 4 | 1 February 2026 | ₹4,80,958.01 | ₹6,463.94 | ₹4,404.77 | ₹0.00 | ₹10,868.72 | ₹4,74,494.07 |
| 5 | 1 March 2026 | ₹4,74,494.07 | ₹6,523.14 | ₹4,345.57 | ₹0.00 | ₹10,868.72 | ₹4,67,970.92 |
| 6 | 1 April 2026 | ₹4,67,970.92 | ₹6,582.88 | ₹4,285.83 | ₹0.00 | ₹10,868.72 | ₹4,61,388.04 |
| 7 | 1 May 2026 | ₹4,61,388.04 | ₹6,643.17 | ₹4,225.55 | ₹0.00 | ₹10,868.72 | ₹4,54,744.87 |
| 8 | 1 June 2026 | ₹4,54,744.87 | ₹6,704.01 | ₹4,164.71 | ₹0.00 | ₹10,868.72 | ₹4,48,040.85 |
| 9 | 1 July 2026 | ₹4,48,040.85 | ₹6,765.41 | ₹4,103.31 | ₹0.00 | ₹10,868.72 | ₹4,41,275.44 |
| 10 | 1 August 2026 | ₹4,41,275.44 | ₹6,827.37 | ₹4,041.35 | ₹0.00 | ₹10,868.72 | ₹4,34,448.07 |
| 11 | 1 September 2026 | ₹4,34,448.07 | ₹6,889.90 | ₹3,978.82 | ₹0.00 | ₹10,868.72 | ₹4,27,558.18 |
| 12 | 1 October 2026 | ₹4,27,558.18 | ₹6,953.00 | ₹3,915.72 | ₹0.00 | ₹10,868.72 | ₹4,20,605.18 |
| 13 | 1 November 2026 | ₹4,20,605.18 | ₹7,016.68 | ₹3,852.04 | ₹0.00 | ₹10,868.72 | ₹4,13,588.50 |
| 14 | 1 December 2026 | ₹4,13,588.50 | ₹7,080.94 | ₹3,787.78 | ₹0.00 | ₹10,868.72 | ₹4,06,507.57 |
| 15 | 1 January 2027 | ₹4,06,507.57 | ₹7,145.79 | ₹3,722.93 | ₹0.00 | ₹10,868.72 | ₹3,99,361.78 |
| 16 | 1 February 2027 | ₹3,99,361.78 | ₹7,211.23 | ₹3,657.49 | ₹0.00 | ₹10,868.72 | ₹3,92,150.55 |
| 17 | 1 March 2027 | ₹3,92,150.55 | ₹7,277.27 | ₹3,591.45 | ₹0.00 | ₹10,868.72 | ₹3,84,873.28 |
| 18 | 1 April 2027 | ₹3,84,873.28 | ₹7,343.92 | ₹3,524.80 | ₹0.00 | ₹10,868.72 | ₹3,77,529.36 |
| 19 | 1 May 2027 | ₹3,77,529.36 | ₹7,411.18 | ₹3,457.54 | ₹0.00 | ₹10,868.72 | ₹3,70,118.18 |
| 20 | 1 June 2027 | ₹3,70,118.18 | ₹7,479.05 | ₹3,389.67 | ₹0.00 | ₹10,868.72 | ₹3,62,639.12 |
| 21 | 1 July 2027 | ₹3,62,639.12 | ₹7,547.55 | ₹3,321.17 | ₹0.00 | ₹10,868.72 | ₹3,55,091.58 |
| 22 | 1 August 2027 | ₹3,55,091.58 | ₹7,616.67 | ₹3,252.05 | ₹0.00 | ₹10,868.72 | ₹3,47,474.91 |
| 23 | 1 September 2027 | ₹3,47,474.91 | ₹7,686.43 | ₹3,182.29 | ₹0.00 | ₹10,868.72 | ₹3,39,788.48 |
| 24 | 1 October 2027 | ₹3,39,788.48 | ₹7,756.82 | ₹3,111.90 | ₹0.00 | ₹10,868.72 | ₹3,32,031.66 |
| 25 | 1 November 2027 | ₹3,32,031.66 | ₹7,827.86 | ₹3,040.86 | ₹0.00 | ₹10,868.72 | ₹3,24,203.79 |
| 26 | 1 December 2027 | ₹3,24,203.79 | ₹7,899.55 | ₹2,969.17 | ₹0.00 | ₹10,868.72 | ₹3,16,304.24 |
| 27 | 1 January 2028 | ₹3,16,304.24 | ₹7,971.90 | ₹2,896.82 | ₹0.00 | ₹10,868.72 | ₹3,08,332.34 |
| 28 | 1 February 2028 | ₹3,08,332.34 | ₹8,044.91 | ₹2,823.81 | ₹0.00 | ₹10,868.72 | ₹3,00,287.44 |
| 29 | 1 March 2028 | ₹3,00,287.44 | ₹8,118.59 | ₹2,750.13 | ₹0.00 | ₹10,868.72 | ₹2,92,168.85 |
| 30 | 1 April 2028 | ₹2,92,168.85 | ₹8,192.94 | ₹2,675.78 | ₹0.00 | ₹10,868.72 | ₹2,83,975.91 |
| 31 | 1 May 2028 | ₹2,83,975.91 | ₹8,267.97 | ₹2,600.75 | ₹0.00 | ₹10,868.72 | ₹2,75,707.94 |
| 32 | 1 June 2028 | ₹2,75,707.94 | ₹8,343.69 | ₹2,525.03 | ₹0.00 | ₹10,868.72 | ₹2,67,364.25 |
| 33 | 1 July 2028 | ₹2,67,364.25 | ₹8,420.11 | ₹2,448.61 | ₹0.00 | ₹10,868.72 | ₹2,58,944.14 |
| 34 | 1 August 2028 | ₹2,58,944.14 | ₹8,497.22 | ₹2,371.50 | ₹0.00 | ₹10,868.72 | ₹2,50,446.92 |
| 35 | 1 September 2028 | ₹2,50,446.92 | ₹8,575.04 | ₹2,293.68 | ₹0.00 | ₹10,868.72 | ₹2,41,871.88 |
| 36 | 1 October 2028 | ₹2,41,871.88 | ₹8,653.57 | ₹2,215.14 | ₹0.00 | ₹10,868.72 | ₹2,33,218.30 |
| 37 | 1 November 2028 | ₹2,33,218.30 | ₹8,732.83 | ₹2,135.89 | ₹0.00 | ₹10,868.72 | ₹2,24,485.48 |
| 38 | 1 December 2028 | ₹2,24,485.48 | ₹8,812.81 | ₹2,055.91 | ₹0.00 | ₹10,868.72 | ₹2,15,672.67 |
| 39 | 1 January 2029 | ₹2,15,672.67 | ₹8,893.52 | ₹1,975.20 | ₹0.00 | ₹10,868.72 | ₹2,06,779.15 |
| 40 | 1 February 2029 | ₹2,06,779.15 | ₹8,974.97 | ₹1,893.75 | ₹0.00 | ₹10,868.72 | ₹1,97,804.19 |
| 41 | 1 March 2029 | ₹1,97,804.19 | ₹9,057.16 | ₹1,811.56 | ₹0.00 | ₹10,868.72 | ₹1,88,747.03 |
| 42 | 1 April 2029 | ₹1,88,747.03 | ₹9,140.11 | ₹1,728.61 | ₹0.00 | ₹10,868.72 | ₹1,79,606.92 |
| 43 | 1 May 2029 | ₹1,79,606.92 | ₹9,223.82 | ₹1,644.90 | ₹0.00 | ₹10,868.72 | ₹1,70,383.10 |
| 44 | 1 June 2029 | ₹1,70,383.10 | ₹9,308.29 | ₹1,560.43 | ₹0.00 | ₹10,868.72 | ₹1,61,074.81 |
| 45 | 1 July 2029 | ₹1,61,074.81 | ₹9,393.54 | ₹1,475.18 | ₹0.00 | ₹10,868.72 | ₹1,51,681.26 |
| 46 | 1 August 2029 | ₹1,51,681.26 | ₹9,479.57 | ₹1,389.15 | ₹0.00 | ₹10,868.72 | ₹1,42,201.69 |
| 47 | 1 September 2029 | ₹1,42,201.69 | ₹9,566.39 | ₹1,302.33 | ₹0.00 | ₹10,868.72 | ₹1,32,635.31 |
| 48 | 1 October 2029 | ₹1,32,635.31 | ₹9,654.00 | ₹1,214.72 | ₹0.00 | ₹10,868.72 | ₹1,22,981.31 |
| 49 | 1 November 2029 | ₹1,22,981.31 | ₹9,742.41 | ₹1,126.30 | ₹0.00 | ₹10,868.72 | ₹1,13,238.89 |
| 50 | 1 December 2029 | ₹1,13,238.89 | ₹9,831.64 | ₹1,037.08 | ₹0.00 | ₹10,868.72 | ₹1,03,407.25 |
| 51 | 1 January 2030 | ₹1,03,407.25 | ₹9,921.68 | ₹947.04 | ₹0.00 | ₹10,868.72 | ₹93,485.57 |
| 52 | 1 February 2030 | ₹93,485.57 | ₹10,012.55 | ₹856.17 | ₹0.00 | ₹10,868.72 | ₹83,473.03 |
| 53 | 1 March 2030 | ₹83,473.03 | ₹10,104.24 | ₹764.47 | ₹0.00 | ₹10,868.72 | ₹73,368.78 |
| 54 | 1 April 2030 | ₹73,368.78 | ₹10,196.78 | ₹671.94 | ₹0.00 | ₹10,868.72 | ₹63,172.00 |
| 55 | 1 May 2030 | ₹63,172.00 | ₹10,290.17 | ₹578.55 | ₹0.00 | ₹10,868.72 | ₹52,881.83 |
| 56 | 1 June 2030 | ₹52,881.83 | ₹10,384.41 | ₹484.31 | ₹0.00 | ₹10,868.72 | ₹42,497.42 |
| 57 | 1 July 2030 | ₹42,497.42 | ₹10,479.51 | ₹389.21 | ₹0.00 | ₹10,868.72 | ₹32,017.91 |
| 58 | 1 August 2030 | ₹32,017.91 | ₹10,575.49 | ₹293.23 | ₹0.00 | ₹10,868.72 | ₹21,442.42 |
| 59 | 1 September 2030 | ₹21,442.42 | ₹10,672.34 | ₹196.38 | ₹0.00 | ₹10,868.72 | ₹10,770.08 |
| 60 | 1 October 2030 | ₹10,770.08 | ₹10,770.08 | ₹98.64 | ₹0.00 | ₹10,868.72 | ₹0.00 |
Formula
P = loan amount, r = monthly rate (APR / 12), n = total months
ICICI Personal Loan Calculator: Your Complete Guide to Smart Borrowing in India
ICICI Bank is one of India's leading private sector banks, offering comprehensive personal loan solutions for both resident Indians and Non-Resident Indians (NRIs). Whether you need funds for a wedding, medical emergency, home renovation, or debt consolidation, an ICICI personal loan calculator helps you plan your borrowing effectively. This free tool allows you to calculate EMI, check eligibility based on salary, and understand the complete repayment structure before applying for an ICICI Bank personal loan.
Understanding ICICI Personal Loan Calculator
The ICICI personal loan calculator is an online financial tool designed specifically for ICICI Bank's personal loan products. It helps you calculate your Equated Monthly Installment (EMI), total interest payable, and complete repayment schedule. Whether you're a resident Indian or an NRI, this calculator provides accurate estimates based on ICICI Bank's current interest rates and loan terms. The ICICI personal loan calculator EMI feature is particularly useful for understanding your monthly payment obligations.
ICICI Bank offers personal loans ranging from ₹50,000 to ₹50 lakhs with flexible repayment tenures of up to 7 years (84 months). The interest rates typically start from 10.99% per annum for resident borrowers and may vary slightly for NRI customers. Using the ICICI personal loan calculator India helps you understand how these factors affect your monthly payments and total loan cost.
ICICI Personal Loan Calculator Based on Salary
One of the most valuable features of the ICICI personal loan calculator is its ability to determine loan eligibility based on your salary. The ICICI personal loan calculator based on salary helps you understand how much you can borrow based on your monthly or annual income. ICICI Bank typically allows up to 50-55% of your net monthly salary for personal loan EMI, with higher limits for salary account holders and NRI borrowers.
For resident Indians, the minimum salary requirement is ₹15,000 per month, while NRI borrowers need a minimum of ₹25,000 per month. If you have an ICICI salary account, you may be eligible for higher loan amounts, preferential interest rates, and faster processing. The ICICI personal loan calculator eligibility feature helps you check your loan eligibility instantly without visiting the bank.
When using the ICICI personal loan calculator based on salary, you'll need to provide your monthly or annual salary, existing EMI obligations (if any), and indicate whether you have an ICICI salary account. The calculator then determines your maximum loan amount, recommended loan amount (90% of maximum for safety), and your debt-to-income ratio. This helps you make informed decisions about how much you can comfortably borrow.
ICICI Personal Loan Calculator for NRI
ICICI Bank offers special personal loan products for Non-Resident Indians (NRIs) living abroad. The ICICI personal loan calculator for NRI is specifically designed to help NRI borrowers understand their loan options. NRI borrowers typically have slightly different interest rates (starting from 11.49% per annum) and may be eligible for higher loan amounts based on their income.
NRI borrowers can use the ICICI personal loan calculator to check their eligibility based on their overseas income. The calculator accounts for the higher minimum salary requirement (₹25,000 per month) and the slightly different interest rate structure for NRI loans. If you're an NRI with an ICICI NRI account, you may qualify for better rates and terms.
The ICICI personal loan calculator for NRI helps you understand how your overseas income translates into loan eligibility in India. This is particularly useful for NRIs planning to fund expenses in India, such as home renovations, family weddings, or medical emergencies for family members.
ICICI Personal Loan Calculator Eligibility
The ICICI personal loan calculator eligibility feature helps you determine whether you qualify for an ICICI Bank personal loan before applying. Eligibility depends on several factors including your age, income, employment status, credit score, and existing financial obligations. The calculator simplifies this process by focusing on the key financial factors: your salary and existing EMI obligations.
To check your eligibility using the ICICI personal loan calculator eligibility tool, you'll need to provide your monthly or annual salary, any existing EMI payments, and indicate whether you're a resident or NRI borrower. The calculator then determines your maximum loan amount, maximum monthly EMI you can afford, and provides a recommended loan amount that's 90% of your maximum eligibility for safety.
ICICI Bank also considers other factors like your credit score, employment stability, and relationship with the bank. However, the ICICI personal loan calculator eligibility feature gives you a good starting point to understand your borrowing capacity. If you're an ICICI salary account holder, you may be eligible for higher loan amounts and better interest rates.
ICICI Personal Loan Calculator Excel Export
The ICICI personal loan calculator excel export feature allows you to download your complete payment schedule in CSV format, which can be opened in Microsoft Excel or Google Sheets. This is particularly useful for financial planning, tax purposes, and keeping records of your loan calculations.
When you export your payment schedule using the ICICI personal loan calculator excel feature, you'll receive a detailed spreadsheet containing all payment dates, principal payments, interest payments, extra payments (if any), and remaining balance for each month. This helps you track your loan repayment progress and plan your finances accordingly.
The exported file includes summary information such as loan amount, interest rate, loan term, monthly EMI, total interest, and total payment. This makes it easy to compare different loan scenarios and share your calculations with family members or financial advisors.
Key Features of ICICI Personal Loan Calculator
The ICICI personal loan calculator offers several features that make it a comprehensive financial planning tool:
- EMI Calculation: Instantly calculate your monthly EMI based on loan amount, interest rate, and tenure. The ICICI personal loan calculator EMI feature uses the standard amortization formula to provide accurate results.
- Salary-Based Eligibility: Check your loan eligibility based on your income using the ICICI personal loan calculator based on salary. This helps you understand how much you can borrow before applying.
- NRI Support: Special calculations for NRI borrowers with the ICICI personal loan calculator for NRI, accounting for different interest rates and eligibility criteria.
- Extra Payment Calculator: See how making extra payments can reduce your total interest and shorten your loan tenure.
- Complete Payment Schedule: View a detailed month-by-month breakdown of your loan repayment, showing principal, interest, and remaining balance for each payment.
- Excel Export: Download your payment schedule using the ICICI personal loan calculator excel feature for record-keeping and financial planning.
How to Use ICICI Personal Loan Calculator
Using the ICICI personal loan calculator is straightforward:
- Select your borrower type (Resident or NRI) to get the appropriate default interest rate.
- Enter your desired loan amount (between ₹50,000 and ₹50 lakhs).
- Input the annual interest rate (default rates are provided based on borrower type).
- Select your loan tenure in months (up to 84 months for ICICI personal loans).
- If you want to check eligibility, switch to the Eligibility Calculator tab and enter your salary information.
- Optionally add extra payments to see how they affect your loan.
- Review your monthly EMI, total interest, and complete payment schedule.
- Export your results to Excel using the ICICI personal loan calculator excel export feature.
Benefits of Using ICICI Personal Loan Calculator
The ICICI personal loan calculator offers several benefits:
- Accurate Planning: Get precise EMI calculations and repayment schedules before applying for a loan.
- Eligibility Check: Use the ICICI personal loan calculator eligibility feature to check your loan eligibility instantly.
- Compare Options: Test different loan amounts, interest rates, and tenures to find the best option for your needs.
- Extra Payment Planning: See how making extra payments can save you money and reduce your loan tenure.
- Financial Planning: Export your payment schedule using the ICICI personal loan calculator excel feature for comprehensive financial planning.
- NRI Support: Special calculations for NRI borrowers help them understand their loan options in India.
Conclusion
The ICICI personal loan calculator is an essential tool for anyone considering an ICICI Bank personal loan. Whether you're a resident Indian or an NRI, this free calculator helps you understand your EMI, check eligibility based on salary, and plan your loan repayment effectively. With features like salary-based eligibility calculation, NRI support, extra payment planning, and Excel export, the ICICI personal loan calculator provides everything you need to make informed borrowing decisions.
By using the ICICI personal loan calculator before applying, you can ensure that your loan fits comfortably within your budget and financial goals. The calculator's ability to show detailed payment schedules and calculate savings from extra payments makes it an invaluable tool for smart financial planning. Whether you need funds for a wedding, medical emergency, home renovation, or any other purpose, the ICICI personal loan calculator helps you plan your borrowing wisely.