Pocketly EMI Calculator
Estimate your monthly EMI for a Pocketly personal loan at 24% - 36% p.a.. Adjust the amount, rate and tenure to plan repayment before you apply.
Your Monthly EMI
₹4,728
per month
₹56,736
Total Payable
₹50,000
₹6,736
Pocketly Loan at a Glance
24% - 36% p.a.
Interest Rate
₹50,000
Max Loan
2 – 6 months
Tenure
0% – 7.5% + GST (3–7% on EMI loans of Rs 5k–35k; flat Rs 30–120 on Rs 500–2,000 credit-line draws)
Processing Fee
Approval in ~7 minutes; money in ~1 hour (non-salaried) to 1 day (salaried)
Disbursal
What a ₹50,000 Pocketly Loan Costs
Here's a worked example for a ₹50,000 loan over 12 months at 24% p.a. — the interest is what you pay on top of the amount you borrow.
₹4,728
Monthly EMI
₹6,736
Total Interest
₹56,736
Total Repayment
Note: a processing fee (0% – 7.5% + GST (3–7% on EMI loans of Rs 5k–35k; flat Rs 30–120 on Rs 500–2,000 credit-line draws)) and applicable GST are charged separately and are not included above.
Pocketly EMI Table @ 24% p.a.
| Loan Amount | 6 months | 12 months | 18 months | 24 months | 36 months |
|---|---|---|---|---|---|
| ₹10,000 | ₹1,785 | ₹946 | ₹667 | ₹529 | ₹392 |
| ₹25,000 | ₹4,463 | ₹2,364 | ₹1,668 | ₹1,322 | ₹981 |
| ₹50,000 | ₹8,926 | ₹4,728 | ₹3,335 | ₹2,644 | ₹1,962 |
* EMI calculated using the reducing-balance method at 24% p.a. (2.00% per month). Your actual EMI depends on the rate Pocketly offers you. Rate sourced from Pocketly's official disclosures, verified 28 Jul 2026.
How Pocketly EMI Is Calculated
An EMI (Equated Monthly Instalment) is the fixed amount you repay each month — part interest, part principal. Pocketly 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, 24% ÷ 12 = 2.00%)
- n = number of monthly instalments (the tenure)
How to Lower Your Pocketly 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 24% - 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 Pocketly?
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