Federal Bank Personal Loan EMI Calculator (2026) – Free Online Tool
📈 Federal Bank Rate: 12% – 19.5% p.a. (2026)
Federal Bank Personal Loan EMI Calculator
Loan Amount ₹5,00,000
Interest Rate (% p.a.) 12.00%
Loan Tenure (Years) 5 Years
Your Monthly EMI
Calculating…
Principal Amount–
Total Interest Payable–
Total Amount Payable–
Enter loan details and click Calculate EMI.
Principal vs Interest Breakdown
Principal
Interest
EMI Breakdown Table – Year-wise Amortization Schedule
| Year | Opening Balance | Principal Paid | Interest Paid | Closing Balance | P vs I Split |
|---|
How to Use Federal Bank EMI Calculator
The Federal Bank Personal Loan EMI Calculator helps you calculate your exact monthly EMI instantly. Enter 3 values and get results in seconds:
- Enter your Loan Amount (₹50,000 to ₹40,00,000)
- Set the Interest Rate — Federal Bank offers 12% – 19.5% p.a.
- Choose Loan Tenure — 1 to 4 years
- Click Calculate EMI — get instant results with chart
EMI Calculation Formula
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
P = Principal Loan Amount | R = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100) | N = Tenure in Months
P = Principal Loan Amount | R = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100) | N = Tenure in Months
Federal Bank Personal Loan Interest Rates 2026
Federal Bank offers personal loan interest rates from 12% – 19.5% p.a. in 2026. Rates depend on your credit score and income:
| Credit Score | Interest Rate (p.a.) | Max Loan Amount | Max Tenure |
|---|---|---|---|
| 750+ | 12% – 13.5% | ₹25 Lakhs | 4 Years |
| 700–749 | 13.5% – 16% | ₹15 Lakhs | 4 Years |
| 650–699 | 16% – 18% | ₹10 Lakhs | 3 Years |
| Below 650 | 18% – 19.5% | ₹5 Lakhs | 2 Years |
*Rates are indicative. Contact Federal Bank for exact rates applicable to your profile.
Federal Bank Personal Loan EMI Examples (2026)
Ready EMI calculations for common loan amounts at Federal Bank:
| Loan Amount | Interest Rate | Tenure | Monthly EMI | Total Interest |
|---|---|---|---|---|
| ₹1,00,000 | 12% | 2 years | ₹4,707 | ₹12,968 |
| ₹2,00,000 | 12% | 3 years | ₹6,643 | ₹39,148 |
| ₹5,00,000 | 12% | 4 years | ₹13,166 | ₹1,31,968 |
| ₹10,00,000 | 14% | 4 years | ₹27,326 | ₹3,11,648 |
| ₹20,00,000 | 15% | 4 years | ₹55,737 | ₹6,75,376 |
Federal Bank Personal Loan Eligibility Criteria
For Salaried Employees
- Age: 21 to 60 years
- Minimum salary: ₹15,000/month
- Employment: Minimum 1 year
- Credit score: 700+ preferred
- Documents: Salary slips, bank statements, PAN, Aadhaar
For Self-Employed
- Age: 21 to 65 years
- Business vintage: Min 2 years
- ITR: Last 2 years required
- Credit score: 720+ preferred
- Documents: ITR, P&L statement, bank statements
Frequently Asked Questions – Federal Bank Personal Loan EMI
What is Federal Bank personal loan interest rate in 2026?
Federal Bank personal loan interest rate ranges from 12% to 19.5% per annum in 2026.
What is maximum loan amount for Federal Bank personal loan?
Federal Bank offers personal loans up to ₹25 lakhs for eligible customers.
Is Federal Bank popular in Kerala for personal loans?
Yes, Federal Bank has a strong presence in Kerala and South India.
What is Federal Bank personal loan processing fee?
Federal Bank charges processing fee of up to 3% of loan amount plus applicable GST.
Can NRIs get Federal Bank personal loan?
Regular personal loans are for resident Indians. NRIs can contact Federal Bank for NRI-specific loan options.