Understand before you pay

Know the real cost of your loan

Enter the money you really received, every charge you paid, and every repayment date and amount. The calculator uses your actual cash flows instead of assuming a simple monthly EMI.

Calculate my loan →

✓ Flexible payment dates ✓ Upfront charges included ✓ No account required

Step 1

Enter your loan information

Only enter information you know. You can change any payment later.

₹

Loan details

Start with the amount approved, the amount that actually reached you, and what the lender told you.

Loan amount sanctionedThe amount written as the loan approved. Amount actually received (₹)Optional if charges below explain the difference. Date money was receivedLoan disbursement Date. Rate quoted by lender (%)If someone told you a % rate, write it here.

📄

Charges deducted or paid

Processing fee, insurance, documentation and any other amount connected to getting the loan.

💡Write every amount cut before you got the money, or paid separately.

Charge nameAmount (₹)How was it paid?

📆

Repayment schedule

Add the real dates and amounts. Payments can be unequal and can happen at any frequency.

Quick schedule (you can edit it afterwards)

First payment date Frequency Number of payments Payment amount (₹)

🌾You can change any date or amount later. Add every real payment.

LabelPayment datePayment amount (₹)

Ready to see the real cost? 🔒 Your draft is saved only on this device.

If the numbers do not match

Ask for the rate in writing

A simple written record makes it easier to question a wrong or unclear loan explanation.

✍️

First ask the bank/lender to write it down

Do not rely only on a verbal % told by a field executive. Ask for the official written loan terms.

Please provide the following in writing on the bank/lender letterhead or through the lender's official email/document: sanctioned loan amount, actual amount to be disbursed, annual interest rate and whether it is flat or reducing-balance, APR where applicable, first EMI/payment date, every instalment amount and date, processing/documentation charges, insurance and all other charges. Please also provide the applicable KFS/sanction letter and repayment schedule.

For applicable retail/MSME term loans, RBI requires a KFS in simple language with APR and an amortisation schedule; third-party charges such as insurance/legal charges must also be disclosed as applicable.

🧾

If the lender still does not explain it

Give the lender a written complaint

Attach the sanction/KFS, receipts, repayment schedule and this calculation. Ask for a complaint/reference number and a written reply.

RBI complaint for covered banks/NBFCs

If the regulated entity does not reply within 30 days, or you are not satisfied with the response, you can use RBI's Complaint Management System under the current Integrated Ombudsman Scheme.

Consumer grievance support

The National Consumer Helpline provides pre-litigation grievance support through its portal, 1915 / 1800-11-4000 and WhatsApp 8800001915.

Open RBI complaint portal Open National Consumer Helpline

This website calculates cash-flow cost; it does not decide whether a lender broke the law. Keep original documents and seek professional/legal help for a formal dispute.

📅

Why timing matters

₹70,000 paid after 3 months is not the same cash flow as ₹70,000 paid after 9 months.

💰

Why fees matter

If money is deducted before you receive the loan, the actual amount you got is lower than the sanctioned amount.

🌾

Why this is different

You can enter unequal payments, unusual dates, separate charges and other real-world loan details.