Menu
Omozing Answers › Loans and EMIs
Written by the Omozing Credit Team · Figures calculated with the standard reducing-balance EMI formula · Updated October 2026
| Interest rate (a year) | 12 months | 24 months | 36 months |
|---|---|---|---|
| 11% | ₹88,382 | ₹46,608 | ₹32,739 |
| 14% | ₹89,787 | ₹48,013 | ₹34,178 |
| 18% | ₹91,680 | ₹49,924 | ₹36,152 |
| 22% | ₹93,594 | ₹51,878 | ₹38,190 |
Rates shown are examples to show how rate and tenure change your EMI. They are not an offer. Omozing’s rates start from 11% a year; your rate depends on your credit assessment.
| Interest rate | 12 months | 24 months | 36 months |
|---|---|---|---|
| 11% | ₹60,580 | ₹1,18,588 | ₹1,78,594 |
| 14% | ₹77,445 | ₹1,52,309 | ₹2,30,395 |
| 18% | ₹1,00,160 | ₹1,98,178 | ₹3,01,486 |
| 22% | ₹1,23,133 | ₹2,45,076 | ₹3,74,856 |
Drawn to scale (₹10 lakh = 400px). Even over 36 months at 11%, interest adds under a fifth to what you borrowed; at higher rates the red part grows quickly. Processing fee not included.
At this size, the EMI, not your score, is usually what decides the amount. Lenders check FOIR, the share of your take-home going on all EMIs, and many cap it around 50%.
| Tenure | EMI at 11% | Take-home for 50% FOIR | Take-home for 40% FOIR |
|---|---|---|---|
| 12 months | ₹88,382 | ₹1,76,763 | ₹2,20,954 |
| 24 months | ₹46,608 | ₹93,216 | ₹1,16,520 |
| 36 months | ₹32,739 | ₹65,477 | ₹81,847 |
Illustrative, assuming no other EMIs. Every decision follows a full assessment.
Already paying ₹15,000 a month on other loans? The 36-month EMI then needs a take-home of about ₹95,477 to stay within 50%. If your number falls short, you have three levers: a longer tenure, a smaller amount, or a second income. Compare with what a ₹60,000 salary supports.
The 36-month EMI of ₹32,739 would take about 60% of take-home, above a typical 50% limit. A ₹10 lakh loan is likely to be scaled down.
Combined ₹95,000. The 36-month EMI uses about 34%; even the 24-month EMI of ₹46,608 fits at about 49%.
An illustrative profile, not a real customer. Omozing welcomes co-applicants: a spouse, a family member or even a friend. The loan then appears on both people’s credit reports.
Read how a co-applicant strengthens your application and whether their score affects yours.
On a loan this size the fee is real money, so compare lenders on the APR in the Key Fact Statement, which combines interest and fees into one yearly figure.
Salaried with a take-home of ₹40,000 or more and a score from 600? Omozing lends up to ₹25 lakh, rates start from 11% a year, tenures run 3–36 months, and co-applicants are welcome.
Borrow or save first?: Compare borrowing now, saving first, or saving a few months and borrowing only the gap.
At 11% a year it is about ₹32,739 a month for 36 months; at 14% about ₹34,178; at 18% about ₹36,152.
At 11% a year it is about ₹46,608 a month; at 14% about ₹48,013.
With no other EMIs and a 50% FOIR limit, about ₹65,477 a month for 36 months or ₹93,216 for 24 months at 11%. A co-applicant’s income can make up the gap.
At 11% a year, about ₹60,580 over 12 months, ₹1,18,588 over 24 months or ₹1,78,594 over 36 months, before the processing fee.
Possibly. Omozing considers scores from 600, and a credit officer reads the full report. At this amount, your income and existing EMIs usually matter as much as the score.
Next questions people ask:
Omozing is the digital lending brand of Aparampaar Finance Private Limited, an RBI-registered non-deposit-taking NBFC. Loans are subject to credit assessment. See our regulatory disclosures and grievance redressal process.