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Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

Personal Loan EMI

Personal Loan EMI or Equal Monthly Instalment is the amount that you need to pay every month for repaying your principal loan amount at the applicable rate of interest over the chosen loan tenure. It is the sum of the principal component and interest component.

The 3 How’s of deciding the right EMI

  • How soon do you want to pay off the Personal Loan?

  • How much can you afford to pay in a month?

  • How much of an interest rate are you comfortable with?

How to choose the right EMI option?

To be able to make the right choice among personal loan EMI options – standard
EMI and flexi personal loan, you need to consider the following questions -

How Soon Do You Want to Pay Off Personal Loan?

If you are financially able or are expecting a future salary hike, you should aim at paying off your personal loan EMI early – choose shorter loan tenure. This is because the longer the tenure, the more the personal loan interest that will be charged. By reducing the tenure, you can not only enjoy reduced interest amount but also be able to pay off your loan early. Flexi personal loan interest rates are usually lower than the standard option.

How Much EMI Can You Afford to Pay in a Month?

One of the most critical factors to consider while choosing an EMI option is your budget. Jot down all your monthly commitments and deduct them from your monthly income to deduce the residual income. Based on what is left over, you can decide whether the standard or flexi personal loan EMI option works best for you.

How much of an Interest Rate are you Comfortable with?

Flexi personal loans usually come with lower interest rates as compared to standard EMI options. But, under standard EMI, you can withdraw and use up the entire loan amount borrowed whereas under flexi personal loan EMI, this cash outflow is capped. Depending on whether or not you are comfortable paying a higher rate of interest and your unique needs, you should choose between the standard and flexi personal loan EMI option that serves you best. You should choose flexi personal loan interest rates if you're looking for low EMIs.

Which EMI Option is suitable for you?

Choosing the right EMI option is a critical decision that you’ll have to make while taking a Personal Loan. But, we’ve made it easy for you. Just choose from one of our available EMI options that cater to your needs, your timeline and your budget.

Standard EMI Plan

Standard EMI Plan allows you to pay the principal amount along with the interest consistently for your defined tenure.

Standard personal loan meaning-

  • EMI amount remains the same for the entire personal loan period

  • Standard plan

Ideal if you have a regular income

Step Up Flexi Personal Loan EMI Plan

To choose the best option for you, it's important to first understand the flexi loan meaning. A Step-up Flexi Personal Loan EMI Plan offers great flexibility. This repayment option allows you to pay lower EMIs at the beginning and as your salary increases, you pay higher EMIs.

Flexi personal loan meaning-

  • Pay more when you can afford

  • Helps to manage income flow efficiently

Ideal if you expect your income to increase at regular intervals

How much EMI do you need to pay?

Your Equated Monthly Instalment depends on the principal loan amount, the interest rate charged and the period for which the loan is taken.

You can choose your personal loan EMI amount that is comfortable for you by using the Personal Loan EMI calculator.

Your EMI amount will depend upon your chosen Principal Amount, the Loan Tenure, the Rate of Interest, and the repayment option you choose- standard or flexi personal loan EMI option. Using a personal loan EMI calculator, you can choose the EMI amount you are comfortable with. 


EMI Calculator


Pre Payment Calculator

More Personal Loan products for you

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If you are a government employees looking for a way out of a cash crunch, let Tata Capital ease your financial pains! Get an instant personal loan within a few minutes.

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Personal Loan for salaried employees

If you are a salaried employees looking for a way out of a cash crunch, let Tata Capital ease your financial pains! Get an instant personal loan within a few minutes.

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What our customers say about us

Overall the experience was good and hope to continue the same. Also Tata Capital executive were nice and polite from the beginning.

Prasenjit Sen

Loan Against Property | 13 January, 2023

Thank you TATA Group for making India proud with all your hassle free and excellent services, Thanks Team


Personal Loan | 31 December, 2022

I want to thank Tata Capital for giving Loan, During the process I was kept updated. Wanted to thank Tata Capital executive for answering my queries and keeping me updated on Status. Thank you


Personal Loan | 30 December, 2022

This is surprisingly easiest way to avail personal loan. I am completely happy with the service provided. Thank you team TATA CAPITAL!

Venugopal Raju

Personal Loan | 28 December, 2022

I was impressed with the way your staff handles their customers and if i come accross any family or friend who may be looking for any financial assistance, I shall surely recommend Tata capital


Business Loan | 24 December, 2022

One of the best Mobile App, Tata capital only took 3-4 working day for loan approval.


Personal Loan | 23 December, 2022

The services of Tata Capital is very good.. Approval process, loan charges are not hidden, every aspect was explained to me by Tata Capital executive before taking loan, very good transparency. Keep it up..

Prasanna Shriram Agashe

Personal Loan | 10 December, 2022

Excellent customer service with clarity and politeness. Thanks to TATA Capital having wonderful field staff.

S hari Haran

Two Wheeler Loan | 08 December, 2022

I am very happy that I got timely loan in my worst time.


Personal Loan | 07 December, 2022

Find the right Loan for you

Overdraft Loan

Need instant cash for those unexpected needs? Tata Capital offers Personal Loan Overdraft facility with the flexibility to withdraw funds as per your need and pay interest only on the utilized amount.

Avail multiple withdrawals and part-payment facilities without any extra charges.

Overdraft Loan

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Personal Loan for Wedding

A marriage today comes with its fair share of frills, thrills and not to mention - Bills.

An equal lifetime as partners, with highs and lows, joys and woes for better or worse, must begin with taking equal financial responsibility for your wedding too

Personal Loan for Wedding

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Personal Loan for Medical

In times of emergency, getting funds should be a hassle free experience. That’s how we have designed our Medical Loan - a loan that is easy, fast and convenient.

We provide flexible repayment options for all cosmetic, medical and dental procedures.

Personal Loan for Medical

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Personal Loan for Travel

Want to fund your vacation but falling short on funds? An EMI based loan can be an ideal way to pay for a holiday that you can’t quite cover in one go.

Tata Capital Personal Loan for Travel is how you can make it happen. Head off on your next adventure.

Personal Loan for Travel

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Personal Loan for Education

Tata Capital offers Education Loan to help students pay their tuition fees and living cost when they are looking to take the next steps in their education, both in India and abroad.

With quick approval rates, minimal documentation and competitive interest rates, we are levelling the playing field with Student Loans so you can fulfil your potential.

Personal Loan for Education

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Personal Loan for Home Renovation

Thinking of revamping your home? A home that reflects your personality, your style and your taste. We help you do just that with our Personal Loan for Home Renovation.

From making extensive upgrades to your interiors to finally addressing your basic repair and maintenance needs, we are the answer to your home needs. You deserve a better home. We’re here to help you.

Personal Loan for Home Renovation

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