Buddy Loan EMI Calculator
Estimate your monthly EMI for a Buddy Loan personal loan at 11.99% - 57% p.a.. Adjust the amount, rate and tenure to plan repayment before you apply.
Your Monthly EMI
₹8,884
per month
₹1,06,613
Total Payable
₹1,00,000
₹6,613
Buddy Loan Loan at a Glance
11.99% - 57% p.a.
Interest Rate
₹35,00,000
Max Loan
6 months to 60 months
Tenure
0.5% to 4% + GST
Processing Fee
Buddy Loan claims approval in as little as 3 minutes and sanction within 48 hours; the lender disburses. Recent reviewers report applications left pending and e-sign stuck for days.
Disbursal
What a ₹1,00,000 Buddy Loan Loan Costs
Here's a worked example for a ₹1,00,000 loan over 12 months at 11.99% p.a. — the interest is what you pay on top of the amount you borrow.
₹8,884
Monthly EMI
₹6,608
Total Interest
₹1,06,608
Total Repayment
Note: a processing fee (0.5% to 4% + GST) and applicable GST are charged separately and are not included above.
Buddy Loan EMI Table @ 11.99% p.a.
| Loan Amount | 6 months | 12 months | 18 months | 24 months | 36 months |
|---|---|---|---|---|---|
| ₹10,000 | ₹1,725 | ₹888 | ₹610 | ₹471 | ₹332 |
| ₹25,000 | ₹4,314 | ₹2,221 | ₹1,524 | ₹1,177 | ₹830 |
| ₹50,000 | ₹8,627 | ₹4,442 | ₹3,049 | ₹2,353 | ₹1,660 |
| ₹1,00,000 | ₹17,254 | ₹8,884 | ₹6,098 | ₹4,707 | ₹3,321 |
| ₹2,00,000 | ₹34,509 | ₹17,769 | ₹12,195 | ₹9,414 | ₹6,642 |
| ₹5,00,000 | ₹86,272 | ₹44,422 | ₹30,489 | ₹23,534 | ₹16,605 |
| ₹10,00,000 | ₹1,72,543 | ₹88,844 | ₹60,977 | ₹47,069 | ₹33,210 |
* EMI calculated using the reducing-balance method at 11.99% p.a. (1.00% per month). Your actual EMI depends on the rate Buddy Loan offers you. Rate sourced from Buddy Loan's official disclosures, verified 4 Nov 2026.
How Buddy Loan EMI Is Calculated
An EMI (Equated Monthly Instalment) is the fixed amount you repay each month — part interest, part principal. Buddy Loan uses the standard reducing-balance formula, so the interest portion shrinks every month as your outstanding balance falls.
- P = principal (the amount you borrow)
- r = monthly interest rate = annual rate ÷ 12 ÷ 100 (here, 11.99% ÷ 12 = 1.00%)
- n = number of monthly instalments (the tenure)
How to Lower Your Buddy Loan EMI
Choose a longer tenure
Spreading the loan over more months cuts each EMI — but raises total interest, so balance affordability against cost.
Borrow only what you need
A smaller principal means a smaller EMI. Avoid topping up just because a higher limit is offered.
Improve your credit score
A higher CIBIL score can earn a lower rate than 11.99% - 57% p.a., directly reducing your EMI.
Prepay when you can
Part-prepaying early in the tenure lowers the outstanding balance and the interest you pay on every future EMI.
Ready to apply with Buddy Loan?
Check your eligibility in under two minutes — no impact on your credit score — and see the rate and EMI you actually qualify for.
Check Your Eligibility