Short answer: The EMI on a ₹3 lakh personal loan at 14% a year is about ₹26,936 over 12 months, ₹10,253 over 36 months and ₹6,980 over 60 months. The tables below show every common rate and tenure, the total interest, and the take-home salary lenders usually expect.
Last updated: 12 October 2026. General information, not financial advice. Your lender’s Key Fact Statement (KFS) and loan agreement decide your actual terms.
₹3 lakh is a common amount for consolidating card dues or app loans. Check the total cost against what you pay today.
EMI on ₹3 lakh by interest rate and tenure
| Rate | 12 months | 24 months | 36 months | 48 months | 60 months |
|---|---|---|---|---|---|
| 11% | ₹26,514 | ₹13,982 | ₹9,822 | ₹7,754 | ₹6,523 |
| 14% | ₹26,936 | ₹14,404 | ₹10,253 | ₹8,198 | ₹6,980 |
| 16% | ₹27,219 | ₹14,689 | ₹10,547 | ₹8,502 | ₹7,295 |
| 18% | ₹27,504 | ₹14,977 | ₹10,846 | ₹8,812 | ₹7,618 |
| 21% | ₹27,934 | ₹15,416 | ₹11,303 | ₹9,290 | ₹8,116 |
| 24% | ₹28,368 | ₹15,861 | ₹11,770 | ₹9,781 | ₹8,630 |
Total interest on ₹3 lakh
| Rate | 12 months | 24 months | 36 months | 48 months | 60 months |
|---|---|---|---|---|---|
| 11% | ₹18,174 | ₹35,576 | ₹53,578 | ₹72,176 | ₹91,364 |
| 14% | ₹23,234 | ₹45,693 | ₹69,118 | ₹93,501 | ₹1,18,829 |
| 16% | ₹26,631 | ₹52,534 | ₹79,696 | ₹1,08,100 | ₹1,37,725 |
| 18% | ₹30,048 | ₹59,454 | ₹90,446 | ₹1,23,000 | ₹1,57,082 |
| 21% | ₹35,210 | ₹69,977 | ₹1,06,891 | ₹1,45,906 | ₹1,86,960 |
| 24% | ₹40,415 | ₹80,672 | ₹1,23,715 | ₹1,69,466 | ₹2,17,823 |
At 14% over 36 months you would pay ₹69,118 in interest. Over 60 months the EMI drops to ₹6,980, but interest rises to ₹1,18,829.
Salary you may need
Lenders usually want your total EMIs to stay below about 50% of take-home pay, and many prefer 40%. If you have no other EMIs, at 14%:
| Tenure | EMI | Take-home salary at 50% FOIR | At 40% FOIR |
|---|---|---|---|
| 12 months | ₹26,936 | ₹53,872 | ₹67,340 |
| 24 months | ₹14,404 | ₹28,808 | ₹36,010 |
| 36 months | ₹10,253 | ₹20,507 | ₹25,633 |
| 48 months | ₹8,198 | ₹16,396 | ₹20,495 |
| 60 months | ₹6,980 | ₹13,961 | ₹17,451 |
Existing EMIs raise the salary needed. Work it out with our FOIR calculator.
Fees and the money you actually receive
A 2% processing fee plus 18% GST on ₹3 lakh is ₹7,080, usually deducted upfront, so about ₹2,92,920 reaches your account. Compare the APR and total amount payable in each lender’s KFS.
Try your own numbers
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EMI by loan amount: ₹1 lakh · ₹2 lakh · ₹3 lakh · ₹5 lakh · ₹10 lakh · ₹15 lakh · ₹20 lakh · EMI calculator · FOIR calculator
Frequently asked questions
What is the EMI for a ₹3 lakh personal loan for 5 years?
About ₹6,980 a month at 14%, ₹6,523 at 11% and ₹7,618 at 18%.
What salary is needed for a ₹3 lakh personal loan?
With no other EMIs and a 36-month tenure at 14%, lenders using a 50% FOIR limit would want a take-home salary of about ₹20,507 or more. Many lenders also set their own minimum salary.
Can I get ₹3 lakh with a low CIBIL score?
It is harder. You may be offered less or a higher rate. See personal loans with a 650 CIBIL score.
Disclosure: FundsTiger (Gatimaan Finance Advisors Pvt. Ltd.) is a loan marketplace and lending service provider for RBI-regulated lenders. Aparampaar Finance Pvt. Ltd. (Omozing), one of those lenders, is a related party of FundsTiger. This article is general information, not financial advice. Read your loan agreement and KFS before you decide.