2. Provide security for your loan
Compare interest rates
Compare fixed VS floating rates
Keep an eye on fees
Check for discounts
3. While calculating personal loan EMI calculator you
must keep few things in mind.
◦ Loan Amount
◦ Interest Rate
◦ Term in Months
4. EMI Calculator is easy to use and quick to perform.
Using EMI calculator you can get a quick quote on
your EMI’s.
Select Loan Amount
Select Rate of Interest
Select Tenure (in months)
Click on submit button to calculate EMI
5. Along with your EMI you also get results like
◦ Total amount with interest.
◦ Flat interest rate PA / PM.
◦ Total interest amount.
◦ Yearly interest amount.
6.
7. It is always recommended to compare EMI’s with
the same tenure.
Things to check when you use EMI calculator
◦ Check your reimbursement power (EMI)
◦ Check other company rate of interest
◦ Tenure
◦ Loan Disbursal Time
◦ Processing Fee, Administrative Charges & Pre-Payment
Charges
◦ Insurance Facility