The TVS Credit Personal Loan EMI Calculator helps you easily estimate your monthly installments, providing a clear understanding of your financial commitments before applying for a loan. This powerful tool helps you to make well-informed decisions by calculating your personal loan EMI easily in a few simple steps, giving you the confidence to choose the right loan amount and tenure for your needs.
Enter your desired loan amount, interest rate, and repayment tenure.
Hit ‘Calculate’ to get your estimated EMI amount instantly.
Adjust the values to explore different options and find the ideal EMI for your budget.
With this easy-to-use calculator, you can plan your monthly payments in advance and avoid financial surprises.
Calculate your monthly installments with our Personal Loan EMI calculator - Get accurate Loan EMI and Personal Loan interest details instantly
Disclaimer : These results are for indicative purposes only. Actual results may vary. For exact details, please contact us.
₹ 50,000 to ₹ 5 Lakhs*
16% to 35% Annualised ROI
6 to 60 months
2% to 6%
ILLUSTRATION
For ₹ 75,000/- borrowed at Interest rate’ of 2% p.m. for 12 months (interest rate on reducing balance method), the payable amount would be processing fee’ ₹ 1500. Interest ₹ 10,103. The total amount to be repaid after a year will be ₹ 86,603.
*Interest rate and processing fees varies as per the products.
Instantly calculate your monthly EMI without the hassle of manual computations.
Get precise EMI estimates to help you plan your finances better.
Adjust loan amounts and tenures to find the best EMI option for your budget.
Use the calculator anytime without any cost, ensuring convenience at your fingertips.
Several factors influence the calculation of personal loan EMI:
Extending your repayment period reduces your EMI but may increase the total interest paid.
Paying a lump sum reduces the principal and cuts down your EMIs.
A lower interest rate directly reduces the EMI, so always try to negotiate the best possible rate with your lender.
These tips can help you manage your Personal Loan repayment more effectively and keep your monthly commitments within your financial limits.
Enter the loan amount, tenure, and interest rate into the calculator to view your EMI.
Personal Loan EMI is calculated using this formula: EMI = [P x R x (1+R)^N] / [(1+R)^N-1], where P is the principal, R is the interest rate, and N is the number of months.
No, the calculator can be used for any Personal Loan by entering the relevant loan details.
TVS Credit offers flexible Personal Loans with better interest rates, fast approvals, zero documentation and easy repayment options, making it an excellent choice for borrowers.
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