Jewellery EMI Calculator
Calculate monthly instalments and total interest for your jewellery purchase
Calculate Your EMI
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EMI Option Comparison
Common jewellery financing options in India — rates are indicative
| Option | Interest Rate | Tenure | Watch Out For |
|---|---|---|---|
| No-Cost EMI (Credit Card) | 0% | 3–12 months | Processing fee 1–2% |
| Bank Personal Loan EMI | 12–14% | 6–36 months | Prepayment penalty |
| NBFC / Jewellery Loan | 14–18% | 3–24 months | Higher processing fees |
| Jeweller In-house Finance | Varies | 3–12 months | Terms vary widely |
| Gold Card / Store EMI | 0–12% | 3–12 months | Min purchase required |
Smart EMI Tips for Jewellery Buyers
Prefer no-cost EMI
For tenures under 12 months, no-cost EMI on credit card is almost always cheaper than a bank loan — even after processing fees.
Read the fine print
Some "no-cost EMI" offers convert your purchase to a loan at full interest, then give a cashback discount. Net cost may not be zero.
Factor in processing fees
A processing fee of 1% on ₹1,00,000 = ₹1,000 upfront. Annualise this cost before comparing options.
Shorter is better
Longer EMI tenures reduce monthly outflow but significantly increase total interest paid. Use this calculator to compare.
Check pre-closure charges
Many banks charge 2–4% to close a loan early. If you expect a windfall, choose lenders with zero prepayment penalty.
Festive offers
Tanishq, Malabar, and other large chains offer 0% EMI during Dhanteras and Akshaya Tritiya. Plan big purchases accordingly.