personal loan vs credit card emi calculator

Personal Loan vs Credit Card EMI Calculator
Loan vs Card Ledger

Personal Loan vs Credit Card EMI

Enter both options as quoted to you. The ledger below totals every rupee — interest and processing fees — so you can see which one actually costs less.

Personal Loan
% p.a.
months
Monthly EMI ₹0
Credit Card EMI
% p.a.
months
Monthly EMI ₹0
Personal Loan Wins
₹0 cheaper
Total cost difference over the full tenure
Total amount you'll pay back (principal + interest + fees)
Personal Loan
₹0
Credit Card
₹0
Interest + fees only (the actual cost of borrowing)
Personal Loan
₹0
Credit Card
₹0

Calculated on a reducing-balance basis. Many credit card EMI plans also add GST on interest and processing fees separately — check your card statement's "effective APR" and add it to the rate above for an exact match.