Last Updated on March 15, 2024 by Jawad Ali

Punjab National Bank offers a wide range of personal loans to its customers. These loans can be taken either by salaried or self-employed individuals and NRIs who want to secure financing on attractive terms. An individual can get the greatest credit through an advance of Rs.15 lakhs.

How can you tell how much your monthly payments will be when applying for a personal loan? If you’re unsure, use the PNB loan calculator to help you estimate how much you’ll owe in total payments and on an annual basis if you take out their monthly payment plan.

When you’re ready to take out a personal loan, the first step is figuring out how much you can afford to borrow in the first place. The good news is that this calculator gives you an idea of what type of loan would be best for your needs.

What is EMI?

EMI (Equated Monthly Instalment)

It’s a type of payment plan that lets you pay off your loan over time instead of paying the entire sum in one lump sum. Your monthly payments are calculated on an interest rate, and the number of months it takes to pay back your loan will depend on how much you want to borrow and how much interest you’re willing to pay.

Calculate Personal loan EMI

The calculation for a personal loan is the loan principal, rate of interest, and the term of the loan.

E = P x r x (1+r)^n/((1+r)^n-1)

where r=interest rate per period (e.g., monthly), t=number of periods in the loan term, and n=number of compounding periods (per year).

The PNB loan calculator in 2023

Punjab National Bank, or PNB, is one of India’s largest banks. If you’re looking for a personal loan or want to calculate your personal loan EMI for the next few years, check out PNB’s personal loan calculator. This is perfect if you are applying for a personal loan and want to know how much your monthly payment would be. You can also use this tool if you have already been approved for a personal loan but need to find out how much your monthly payment will be so that it fits into your budget. You can also use this tool just as easily even if you have not yet applied for a personal loan with PNB, but you still need to calculate what the monthly payments on your future loans may be so that it fits into your budget. So whether you’re simply beginning or approaching retirement, calculate personal loan EMI now.

Why is this PNB loan calculator different from others?

Punjab National Bank, a public sector bank with its headquarters in Delhi, is one of the largest banks in India. The PNB loan calculator helps you calculate your monthly repayments and determine if you have enough money to repay your loans. Not only does it show you what your monthly repayments are, but it also informs you of the interest rate and lets you know if your loan is affordable.

For what reason must you utilise an EMI calculator before taking a loan?

It is very important to use an EMI calculator before taking a loan as it calculates the amount of interest you will have to pay back and your repayment instalments. Using this tool can help you understand how much time it will take to repay your loan and how much money it will cost. PNB loan calculator is a tool that helps calculate personal loan EMI, along with many other utilities.


The PNB loan calculator allows you to calculate your monthly loan instalment for any PNB personal loan, with or without collateral. You can also calculate the total cost of your PNB personal loan, which includes the interest rate and all fees. If you’re looking for a new personal loan, use this PNB calculator to determine what it will take to get your desired monthly payment. This is an awesome tool. The PNB loan calculator lets you compare rates to make the best decision possible.

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Noah Patel is a finance specialist with over 10 years of experience in the financial industry. He has worked with a variety of clients, including individuals, small businesses, and large corporations, to help them achieve their financial goals. Noah's expertise includes financial planning, investment management, risk management, and retirement planning. He is dedicated to helping his clients make informed financial decisions that align with their long-term objectives. Noah is a frequent contributor to financial publications and has written extensively on topics such as personal finance, investing, and financial planning. His mission is to educate and empower individuals to take control of their financial future. When he's not working with clients or writing, Noah enjoys traveling, playing tennis, and spending time with his family.