If you take a personal loan of ₹5 lakh @18% annual interest rate for a two-wheeler, this is what your repayment will look like.   Loan Amount Interest Rate (p.a.) Tenure (in months) EMI in Rs. Rs. 5,00,000 18% 3 Rs. 171691.48    6 Rs. 87762.61    9 Rs. 59804.91    12 Rs. 45840