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Loan guides for India

Plain-English explainers on home, car and personal loans — interest rates, eligibility, prepayment and tax — each with worked ₹ examples you can reproduce in the calculator.

Interest rates

Flat vs reducing balance interest rate

Why a 10% flat rate can really cost you ~17% — and how to compare loan offers correctly.

Home loan

What salary do you need for a ₹50 lakh home loan?

How FOIR and tenure decide your eligibility — with the income each EMI requires.

Prepayment

Home loan prepayment: reduce EMI or tenure?

The choice that decides whether you save lakhs — with a worked ₹50 lakh example.

Car loan

On-road vs ex-showroom price: how much car loan?

What lenders actually finance, and the down payment you should plan for.

Home loan

Fixed vs floating home loan rate

Which to choose, and how a 0.5% rate move changes a ₹50 lakh EMI.

Tax

Home loan tax benefits: 80C, 24(b) & 80EEA

Up to ₹1.5L + ₹2L deductions under the old regime — and the new-regime catch.

Personal loan

Personal loan eligibility: salary, CIBIL & FOIR

The minimum salary, the score lenders want, and the income a ₹5 lakh loan needs.

Car loan

Best car loan tenure: 3, 5 or 7 years?

A worked ₹8 lakh comparison — shorter means a higher EMI but far less interest.

Credit score

What is a good CIBIL score for a loan?

750+ wins the best rates — and saves over ₹7 lakh on a home loan. How to improve it.

Home loan

How to reduce your home loan EMI: 8 ways

A better rate, balance transfer, prepayment and more — with worked ₹50 lakh numbers for each.

Home loan

How the RBI repo rate affects your home loan EMI

A 0.25% cut saves ₹801 a month on a ₹50 lakh loan — and a hike costs ₹807 more. How the EBLR mechanism works.

Home loan

PMAY subsidy explained (PMAY-U 2.0)

How PMAY-U 2.0's interest subsidy cuts your EMI — up to ₹1.8 lakh off your loan if your household earns under ₹9 lakh.

Home loan

Home loan balance transfer: is it worth it?

A 1% cheaper lender saves ₹2,600 a month five years in — but the fee takes ~17 months to break even.

Car loanNew

New vs used car loan: rates, tenure & eligibility

Used car loans run 11–15% vs 9–10.5% for new, with shorter tenure caps — a worked ₹8 lakh comparison.

Ready to run your own numbers? Use the free calculators — no sign-up, all in ₹ INR.

Home Loan EMI Calculator · Car Loan EMI Calculator · Personal Loan EMI Calculator