Interest rate calculator
Estimate Your Interest Rate Before You Apply
Interest rates can make or break your loan decision. A small difference in rates can save you thousands over the loan tenure. Whether you’re planning a personal loan, home loan, business loan, or loan against property, knowing your likely interest rate helps you compare offers and choose smartly.
Our Interest Rate Estimator gives you a quick snapshot of the rate you may get — based on your income, credit score, loan type, and repayment capacity. No application, no paperwork — just a simple, fast way to gauge your interest cost before you commit.
Use this tool to avoid overpaying on interest and make confident, informed loan decisions.
Estimate Your Interest Rate
Estimated Interest Rate Range: 0% - 0%
How Interest Rate Calculator Works
Step 1: Select Loan Type
Choose from home loan, personal loan, business loan, or loan against property.
Step 2: Enter Key Details
Add your income, credit score, loan amount, and tenure — no sensitive data needed.
Step 3: View Estimated Interest Rate
Get an instant estimate of the interest rate range you may qualify for — based on real-world lending patterns.
Why Use an Interest Rate Estimator?
Know Before You Borrow
Avoid surprises and hidden costs by understanding your possible interest rate in advance.Compare Loan Offers Better
When you know your estimated rate, you can compare lenders with clarity — and negotiate smarter.Based on Real Lending Criteria
We use real-world data from banks and NBFCs to give you realistic rate ranges — not random numbers.Fast, Free & No Impact on Credit Score
It’s a soft check. You get your estimate instantly without any effect on your CIBIL or credit report.
What Affects Your Interest Rate?
- CIBIL Score
Higher scores (750+) often qualify for lower interest rates. A strong repayment history builds lender trust. - Income Level
Higher income can get you better rates, as it reduces the perceived risk for lenders. - Loan Type & Amount
Different loans have different base rates. Personal loans usually have higher interest compared to home loans or secured loans. - Loan Tenure
Shorter tenure often means lower overall interest cost, but may have higher monthly EMIs. - Employment Type
Salaried individuals in stable jobs may get lower rates compared to self-employed borrowers, depending on financial stability. - Existing Debt
If you’re already repaying other loans or credit cards, lenders may offer higher interest due to increased risk.
Sample Interest Rate Estimation
Let’s say you want a home loan of ₹25 lakhs.
Monthly Income: ₹60,000
CIBIL Score: 770
Loan Tenure: 20 years
Employment: Salaried
Existing EMIs: ₹0
Estimated Interest Rate Range:
8.40% – 9.10% p.a.
(Depending on lender policies and market conditions)
With this rate, your monthly EMI would be around ₹21,500 – ₹22,500.
Frequently Asked Questions
How accurate is this interest rate estimate?
We use actual lending data to generate estimates, but your final rate depends on lender-specific criteria.
Can I apply for a loan through Loan for Bharat after estimating my rate?
Yes! You can proceed to get your Loan Letter or let us apply on your behalf and help you find the best offers.
Will using this tool affect my credit score?
No. It’s a soft, anonymous check — there’s no impact on your credit report.
Do different loan types have different interest rates?
Yes. For example, personal loans usually have higher rates than home loans or secured business loans.
Take the Next Step with Confidence
Once you know your EMI, you’re ready to move forward.
Get a Loan Letter
Know your eligibility and offers.
Let Us Apply for You
We’ll find the best deals and handle everything for you.
