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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% | ₹44,191 | ₹23,304 | ₹16,369 |
| 14% | ₹44,894 | ₹24,006 | ₹17,089 |
| 18% | ₹45,840 | ₹24,962 | ₹18,076 |
| 22% | ₹46,797 | ₹25,939 | ₹19,095 |
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% | ₹30,290 | ₹59,294 | ₹89,297 |
| 14% | ₹38,723 | ₹76,155 | ₹1,15,197 |
| 18% | ₹50,080 | ₹99,089 | ₹1,50,743 |
| 22% | ₹61,566 | ₹1,22,538 | ₹1,87,428 |
Bars show total interest only, drawn to scale. They exclude the processing fee, which is charged once.
Lenders check FOIR, the share of your take-home going on all EMIs. Working backwards from the 11% EMIs above, this is the take-home at which a ₹5 lakh EMI alone fills a 40% or 50% limit:
| Tenure | EMI at 11% | Take-home for 50% FOIR | Take-home for 40% FOIR |
|---|---|---|---|
| 12 months | ₹44,191 | ₹88,382 | ₹1,10,477 |
| 24 months | ₹23,304 | ₹46,608 | ₹58,260 |
| 36 months | ₹16,369 | ₹32,739 | ₹40,923 |
Illustrative, assuming no other EMIs. Add your existing EMIs and the take-home needed rises. Omozing’s minimum take-home is ₹40,000 in any case, and every decision follows a full assessment.
Already paying other EMIs? See how much they cut your capacity in how much you can borrow on a ₹40,000 salary, or read how FOIR works.
At Omozing the fee is 3%–7% plus GST, and the APR in your Key Fact Statement combines interest and fees into one yearly figure. Compare lenders on APR, not on the headline rate. If you need a full ₹5 lakh in hand, ask for a slightly larger amount rather than finding yourself short.
Salaried with a take-home of ₹40,000 or more and a score from 600? Rates start from 11% a year, with 3–36 month tenures and two documents.
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 ₹16,369 a month for 36 months; at 14% about ₹17,089; at 18% about ₹18,076.
At 11% a year it is about ₹23,304 a month; at 14% about ₹24,006.
At 11% a year it is about ₹44,191 a month; at 14% about ₹44,894.
With no other EMIs and a 50% FOIR limit, about ₹33,000 a month for 36 months or ₹47,000 for 24 months at 11%. Omozing’s minimum take-home is ₹40,000.
At 11% a year, about ₹30,290 over 12 months, ₹59,294 over 24 months or ₹89,297 over 36 months, before the processing fee.
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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.