Direct Credit EMI Calculator
Estimate your monthly EMI for a Direct Credit personal loan at 9.99% p.a.. Adjust the amount, rate and tenure to plan repayment before you apply.
Your Monthly EMI
₹8,791
per month
₹1,05,493
Total Payable
₹1,00,000
₹5,493
Direct Credit Loan at a Glance
9.99% p.a.
Interest Rate
₹2,00,00,000
Max Loan
12 months to 84 months
Tenure
1.5% to 4% + GST
Processing Fee
Direct Credit claims a 5-minute application and money within 24 hours (not verified); recent Play reviewers report applications stuck at pending, and one says approval took a week
Disbursal
What a ₹1,00,000 Direct Credit Loan Costs
Here's a worked example for a ₹1,00,000 loan over 12 months at 9.99% p.a. — the interest is what you pay on top of the amount you borrow.
₹8,791
Monthly EMI
₹5,492
Total Interest
₹1,05,492
Total Repayment
Note: a processing fee (1.5% to 4% + GST) and applicable GST are charged separately and are not included above.
Direct Credit EMI Table @ 9.99% p.a.
| Loan Amount | 6 months | 12 months | 18 months | 24 months | 36 months |
|---|---|---|---|---|---|
| ₹10,000 | ₹1,716 | ₹879 | ₹601 | ₹461 | ₹323 |
| ₹25,000 | ₹4,289 | ₹2,198 | ₹1,501 | ₹1,154 | ₹807 |
| ₹50,000 | ₹8,578 | ₹4,396 | ₹3,003 | ₹2,307 | ₹1,613 |
| ₹1,00,000 | ₹17,156 | ₹8,791 | ₹6,005 | ₹4,614 | ₹3,226 |
| ₹2,00,000 | ₹34,311 | ₹17,582 | ₹12,010 | ₹9,228 | ₹6,452 |
| ₹5,00,000 | ₹85,778 | ₹43,956 | ₹30,026 | ₹23,070 | ₹16,131 |
| ₹10,00,000 | ₹1,71,556 | ₹87,911 | ₹60,052 | ₹46,140 | ₹32,262 |
* EMI calculated using the reducing-balance method at 9.99% p.a. (0.83% per month). Your actual EMI depends on the rate Direct Credit offers you. Rate sourced from Direct Credit's official disclosures, verified 30 Oct 2026.
How Direct Credit EMI Is Calculated
An EMI (Equated Monthly Instalment) is the fixed amount you repay each month — part interest, part principal. Direct Credit 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, 9.99% ÷ 12 = 0.83%)
- n = number of monthly instalments (the tenure)
How to Lower Your Direct Credit 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 9.99% 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 Direct Credit?
Check your eligibility in under two minutes — no impact on your credit score — and see the rate and EMI you actually qualify for.
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