Freo EMI Calculator
Estimate your monthly EMI for a Freo personal loan at 13% - 36% p.a.. Adjust the amount, rate and tenure to plan repayment before you apply.
Your Monthly EMI
₹8,932
per month
₹1,07,181
Total Payable
₹1,00,000
₹7,181
Freo Loan at a Glance
13% - 36% p.a.
Interest Rate
₹5,00,000
Max Loan
3 – 36 months
Tenure
Up to 7% + tax per withdrawal, plus an Annual Line Setup Fee of up to ₹999 + GST
Processing Fee
Within minutes
Disbursal
What a ₹1,00,000 Freo Loan Costs
Here's a worked example for a ₹1,00,000 loan over 12 months at 13% p.a. — the interest is what you pay on top of the amount you borrow.
₹8,932
Monthly EMI
₹7,184
Total Interest
₹1,07,184
Total Repayment
Note: a processing fee (Up to 7% + tax per withdrawal, plus an Annual Line Setup Fee of up to ₹999 + GST) and applicable GST are charged separately and are not included above.
Freo EMI Table @ 13% p.a.
| Loan Amount | 6 months | 12 months | 18 months | 24 months | 36 months |
|---|---|---|---|---|---|
| ₹10,000 | ₹1,730 | ₹893 | ₹614 | ₹475 | ₹337 |
| ₹25,000 | ₹4,326 | ₹2,233 | ₹1,536 | ₹1,189 | ₹842 |
| ₹50,000 | ₹8,652 | ₹4,466 | ₹3,072 | ₹2,377 | ₹1,685 |
| ₹1,00,000 | ₹17,304 | ₹8,932 | ₹6,145 | ₹4,754 | ₹3,369 |
| ₹2,00,000 | ₹34,609 | ₹17,863 | ₹12,290 | ₹9,508 | ₹6,739 |
| ₹5,00,000 | ₹86,521 | ₹44,659 | ₹30,724 | ₹23,771 | ₹16,847 |
* EMI calculated using the reducing-balance method at 13% p.a. (1.08% per month). Your actual EMI depends on the rate Freo offers you. Rate sourced from Freo's official disclosures, verified 3 Oct 2026.
How Freo EMI Is Calculated
An EMI (Equated Monthly Instalment) is the fixed amount you repay each month — part interest, part principal. Freo 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, 13% ÷ 12 = 1.08%)
- n = number of monthly instalments (the tenure)
How to Lower Your Freo 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 13% - 36% 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 Freo?
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