{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/personal-loan\/what-is-the-emi-for-4-lakh-personal-loan\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/personal-loan\/what-is-the-emi-for-4-lakh-personal-loan\/","headline":"Calculate EMI for a \u20b94 Lakh Personal Loan","name":"Calculate EMI for a \u20b94 Lakh Personal Loan","description":"Need a little extra financial push to tick off your to-do list\u2014whether it\u2019s home repairs, wedding prep, or a long-overdue vacation? A personal loan can help you get there without the wait or paperwork overload. If you\u2019re eyeing a loan of \u20b94 lakhs, the good news is, with IndusInd Bank, it\u2019s now easier than ever...","datePublished":"2023-06-23","dateModified":"2025-06-26","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/#Person","name":"IndusInd Bank","url":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/EMI-2.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/EMI-2.jpg","height":400,"width":1060},"url":"https:\/\/www.indusind.com\/iblogs\/personal-loan\/what-is-the-emi-for-4-lakh-personal-loan\/","about":["Personal Loan"],"wordCount":790,"articleBody":"Need a little extra financial push to tick off your to-do list\u2014whether it\u2019s home repairs, wedding prep, or a long-overdue vacation? A personal loan can help you get there without the wait or paperwork overload. If you\u2019re eyeing a loan of \u20b94 lakhs, the good news is, with IndusInd Bank, it\u2019s now easier than ever to apply and get funds in your account\u2014no income proof, no branch visits, and zero hassle.If you\u2019re exploring your options, knowing the EMI, eligibility, interest rates, and application process can make the decision smoother. Let’s dive in to know it all in detail.How do I Calculate the EMI for a \u20b94 Lakh Personal Loan?Before applying for a personal loan, determine your monthly payment obligations using an online personal loan EMI calculator. This will help you opt for a suitable tenure based on your financial situation.Your monthly payment depends on:\u2022 Loan Amount \u2013 in this case, \u20b94 lakhs\u2022 Interest Rate \u2013 starts from 10.49% p.a.\u2022 Tenure \u2013 from 12 to 48 monthsTo calculate your EMI for a \u20b94 lakh personal loan, visit the IndusInd Bank personal loan EMI calculator. Using this calculator, you can try multiple variations of loan amount and tenures to find the exact EMI amount that aligns best with your budget.Eligibility Criteria for a Personal Loan of \u20b94 LakhHere’s the basic eligibility criteria you need to meet to be eligible to get an IndusInd Bank Personal Loan of \u20b94 lakh.Age: Between 21 and 60 yearsKYC Documents: Aadhaar and PAN cardSteady credit history \u2013 a good credit score can help you get better ratesIndian residency: RequiredThere\u2019s no need to upload pay slips, bank statements, or other income proof\u2014which makes the process super quick and less stressful.Interest Rates for \u20b94 Lakh Personal LoanTake a look at the table below to understand how your EMI amount will vary basis different loan tenure options.Loan AmountInterest RateTenureTotal EMI Amount\u20b94 lakh10.49%1 yearRs. 35,258\u20b94 lakh10.49%2 yearsRs. 18,549\u20b94 lakh10.49%3 yearsRs. 12,999\u20b94 lakh10.49%4 yearsRs. 10,239How to ApplyIndusInd Bank offers a smooth, 100% paperless process of applying for a personal loan –1. Visit the official IndusInd Bank Personal Loan Page2. Enter your mobile number and verify with OTP3. Fill in your PAN and Aadhaar details4. Choose your loan amount and tenure5. Get approval and receive funds directly in your accountNo branch visits. No paperwork. Just a seamless digital journey from start to finish.So, don’t wait anymore. Apply for an instant personal loan with IndusInd Bank today!Share This:"}