Managing personal loan using emi calculator

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Check it out all the details of personal loans using emi calculator with all the important information.

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Managing personal loan using emi calculator

  1. 1.  Provide security for your loan Compare interest rates Compare fixed VS floating rates Keep an eye on fees Check for discounts
  2. 2. While calculating personal loan EMI calculator youmust keep few things in mind.◦ Loan Amount◦ Interest Rate◦ Term in Months
  3. 3.  EMI Calculator is easy to use and quick to perform. Using EMI calculator you can get a quick quote onyour EMI’s.Select Loan AmountSelect Rate of InterestSelect Tenure (in months)Click on submit button to calculate EMI
  4. 4.  Along with your EMI you also get results like◦ Total amount with interest.◦ Flat interest rate PA / PM.◦ Total interest amount.◦ Yearly interest amount.
  5. 5.  It is always recommended to compare EMI’s withthe 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-PaymentCharges◦ Insurance Facility
  6. 6. References:1. www.blogs.siliconindia.com2. www.emicalculator.net3. www.ncalculators.com4. www.axisbank.com

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