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EMI Calculator China

Work out your monthly loan instalment in CNY, see the total interest, and compare it against rates China banks actually publish.

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Interest
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FAQ

How is EMI calculated?

EMI = P × r × (1+r)n / ((1+r)n - 1). P = loan amount, r = monthly rate, n = months. Our calculator does this instantly.

What's a safe EMI-to-salary ratio?

Keep total EMIs under 40-50% of salary. Banks use Debt Burden Ratio (DBR) — UAE banks cap at 50%.

Longer tenure = lower EMI?

Yes — but you pay more total interest. A 5-year loan costs less overall than a 10-year loan at the same rate.

Loan interest rates in China

Buzdy tracks 12 banks in China with 207 branches across 46 cities. EMI results on this page are shown in CNY. The rates below are the ones those banks publish — use them in the calculator instead of a guess.

12 banks
207 branches
46 cities
138 ATMs
Currency CNY

Credit card interest rates in China

CardBankInterest rateAnnual feeInterest-free days
ICBC Visa Infinite ICBC 1.50% per month
ICBC Gold Card ICBC 1.50% per month
ICBC Mastercard Platinum ICBC 1.50% per month
CCB Visa Platinum China Construction Bank 1.50% per month
CCB Gold Card China Construction Bank 1.50% per month
CCB UnionPay Diamond China Construction Bank 1.50% per month
BOC Visa Infinite Bank of China 1.50% per month
BOC Mastercard Gold Bank of China 1.50% per month
BOC Great Wall Classic Bank of China 1.50% per month
CMB Visa Infinite China Merchants Bank 1.50% per month
CMB Young Card China Merchants Bank 1.50% per month
CMB Gold Card China Merchants Bank 1.50% per month

Relevant if you convert a card purchase into monthly instalments. 12 cards with a published rate.

Worked example — repaying CNY 100,000 of card balance over 5 years in China

Balance
CNY 100,000
Rate used
1.5% per month (≈18% a year)
Tenure
60 months
Monthly EMI
CNY 2,539
Total interest
CNY 52,361

Rate taken from ICBC Visa Infinite (ICBC) — the lowest published credit card rate we hold for China. Buzdy does not yet hold personal loan rates for China, so this uses card interest — the rate that applies when you convert a purchase to instalments or carry a balance. Change the numbers in the calculator above for your own case.

Banks we track in China

Keep going in China

Guides for China

China — frequently asked questions

What does CNY 100,000 on a credit card cost per month in China?

At 18% a year over 60 months the instalment works out at about CNY 2,539, or CNY 52,361 of interest in total. That rate comes from ICBC Visa Infinite by ICBC, the lowest published credit card rate Buzdy holds for China. We do not yet hold personal loan rates for China — bank loan rates are usually well below card rates.

What interest rate do credit cards charge in China?

Across the 12 cards with a published rate in China, quoted rates run from 1.5% per month to 1.5% per month. Card interest only applies if you carry a balance past the interest-free period.

Where can I apply for a loan in China?

Buzdy maps 207 bank branches in China across 46 cities. Open the branch directory to find the nearest one to you.

How is EMI calculated?

EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. The calculator above uses exactly this formula.