Federal Bank EMI Calculator 2026
Calculate your monthly EMI for a Federal Bank home, car or personal loan. The interest rate is pre-filled with Federal Bank's starting rate, and you can change any value. No PAN, no sign-up. Nothing leaves your browser.
Year-by-year repayment schedule
| Year | Principal paid | Interest paid | Balance left |
|---|
Federal Bank loan interest rates (October 2026)
| Federal Bank loan | Starting rate (p.a.) | Example loan | EMI |
|---|---|---|---|
| Home loan | From 7.40% | ₹30 lakh, 20 yrs | ₹23,985 |
| Car loan | From 10.00% | ₹8 lakh, 5 yrs | ₹16,998 |
| Personal loan | From 10.49% | ₹5 lakh, 5 yrs | ₹10,744 |
How Federal Bank calculates your EMI
EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of monthly instalments. For example, a ₹30 lakh Federal Bank home loan at 7.40% for 20 years has an EMI of about ₹23,985. Early EMIs are mostly interest, and the principal part grows every month.
About Federal Bank
Federal Bank is a private sector bank headquartered in Aluva, Kerala. Private banks often process loans quickly and price them by credit profile, so a strong CIBIL score can win you a noticeably lower rate.
Before you apply, see the Federal Bank CIBIL score requirement, check how much loan you may be eligible for and make sure your total EMIs fit your income with the FOIR calculator.
Frequently asked questions
What is the EMI on a ₹30 lakh home loan from Federal Bank?
At 7.40% (Federal Bank's published starting rate) for 20 years, the EMI is about ₹23,985 a month. You would pay about ₹27,56,325 in interest over the loan.
What is the EMI on a ₹5 lakh Federal Bank personal loan?
At 10.49% for 5 years, the EMI is about ₹10,744 a month and the total interest is about ₹1,44,668.
Does my CIBIL score change my Federal Bank interest rate?
Yes. Federal Bank gives its lowest rates to borrowers with strong credit scores, usually 750 or above. On a ₹30 lakh, 20-year home loan, just 1% more interest raises the EMI from about ₹23,985 to ₹25,845.
Is this the official Federal Bank EMI calculator?
No. CibilScores.com is independent and not linked to Federal Bank. The EMI formula is the same one banks use, but your final rate, fees and EMI come from the bank's sanction letter.