What are the maximum years allowed to pay a personal loan via EMI?

The maximum repayment tenure allowed for an unsecured personal loan is typically 5 years (60 months).

1. Flexibility based on Budget

Borrowers can choose standard flexible tenures starting from 12 months up to 60 months. Longer tenures reduce the monthly EMI load significantly but raise the total compound interest paid over the life of the loan.

2. Short vs. Long Term

We advise choosing a shorter tenure (e.g., 24-36 months) if your monthly cash flows allow it, as this minimizes your overall interest cost.