₹1 Lakh Medical Loan EMI Calculator

₹1 Lakh Medical Loan EMI is ₹4,663/month at 11.05% for 24 months. Calculate exact EMI at your rate and tenure. Compare offers from 100+ lenders.

Loan Amount

₹

₹20,000₹5,00,000

Interest Rate (p.a.)

10.0%36.0%

Loan Tenure

12 Mo60 Mo

Monthly EMI

₹4,707

Total Interest

₹12,976

Total Payment

₹1,12,976

Monthly EMI

₹4,707

Principal Amount

₹1,00,000 (88.5%)

Total Interest

₹12,976 (11.5%)

Amortization Schedule

Year	Principal	Interest	Total Paid	Balance
Year 1	₹47,014	₹9,470	₹56,484	₹52,986
Year 2	₹52,975	₹3,509	₹56,484	₹11

₹1,00,000 Loan EMI at Different Rates & Tenures

Monthly EMI for a ₹1,00,000 personal loan across common interest rates and repayment periods.

Rate ↓ / Tenure →	12 mo	24 mo	36 mo	48 mo	60 mo
10%	₹8,792	₹4,614	₹3,227	₹2,536	₹2,125
12%	₹8,885	₹4,707	₹3,321	₹2,633	₹2,224
14%	₹8,979	₹4,801	₹3,418	₹2,733	₹2,327
16%	₹9,073	₹4,896	₹3,516	₹2,834	₹2,432
18%	₹9,168	₹4,992	₹3,615	₹2,937	₹2,539
24%	₹9,456	₹5,287	₹3,923	₹3,260	₹2,877

EMI Example: ₹1,00,000 at 11.05% for 24 Months

Loan Amount: ₹1,00,000

Interest Rate: 11.05% p.a.

Tenure: 24 months

Monthly EMI: ₹4,663

Total Interest: ₹11,912

Total Payment: ₹1,11,912

Key Features

✓EMI from ₹3,400/mo

✓24-hour disbursal

✓Hospital direct payment option

Best Lenders for a ₹1 Lakh Medical Loan

State Bank of India

Rate: 11.05%-14.56%

Amount: up to ₹20,00,000

CIBIL: 650+

Disbursal: 3-5 working days

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MoneyView

Rate: 15.96%-39.99%

Amount: up to ₹10,00,000

CIBIL: 600+

Disbursal: 24 hours

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KreditBee

Rate: 17%-29.95%

Amount: up to ₹5,00,000

CIBIL: Not required

Disbursal: 10 minutes

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Navi

Rate: 9.9%-45%

Amount: up to ₹20,00,000

CIBIL: 650+

Disbursal: 5 minutes

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Fullerton India

Rate: 11.99%-36%

Amount: up to ₹25,00,000

CIBIL: 650+

Disbursal: 24-48 hours

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IIFL Finance

Rate: 12.75%-44%

Amount: up to ₹5,00,000

CIBIL: 600+

Disbursal: 24 hours

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Fibe (EarlySalary)

Rate: 16%-30%

Amount: up to ₹5,00,000

CIBIL: Not required

Disbursal: 24 hours

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Home Credit

Rate: 19%-56%

Amount: up to ₹2,00,000

CIBIL: Not required

Disbursal: 48 hours

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CASHe

Rate: 27%-33%

Amount: up to ₹4,00,000

CIBIL: Not required

Disbursal: 8 minutes

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Frequently Asked Questions

What is the EMI for a ₹1 lakh medical loan?

For a ₹1,00,000 personal loan at 11.05% annual interest for 24 months, the monthly EMI is approximately ₹4,663. Total interest payable would be ₹11,912. Use the calculator above to check EMI at different rates and tenures.

Which bank offers the lowest interest rate for a ₹1 lakh medical loan?

Among popular lenders, State Bank of India offers rates starting from 11.05% p.a. for personal loans. Your actual rate depends on your CIBIL score, income, and employment type. GoCredit compares 100+ lenders to find your best match.

What CIBIL score is needed for a ₹1 lakh medical loan?

Most banks require a CIBIL score of 700+ for a ₹1 lakh medical loan. However, several NBFCs and fintech lenders approve loans with scores as low as 550 or even no CIBIL history — typically at higher interest rates. A score of 750+ gets you the best rates.

What is the best tenure for a ₹1 lakh medical loan?

The typical tenure for a ₹1 lakh medical loan is 12-36 months. A shorter tenure means higher EMI but less total interest. For example, at 12% interest: a 12-month tenure gives an EMI of ₹8,885, while a 36-month tenure gives ₹3,321 — but you pay more interest overall.

Can I get a ₹1 lakh medical loan without salary slip?

Yes. Several lenders accept bank statements, ITR, or alternate income proof instead of salary slips. Fintech lenders like MoneyView and KreditBee have flexible documentation requirements. GoCredit's AI automatically matches you with lenders that accept your available documents.