A personal loan has a fixed repayment tenure during which you have to pay monthly repayments named EMIs or Equated Monthly Instalments. A personal loan EMI calculator is a specialised tool with which you can calculate the amount of loan EMIs you have to pay every month. Visit: https://www.clix.capital/personal-loan-calculator/

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What is Personal Loan EMI Calculator

2. Always check your eligibility
criteria
A personal loan has a fixed repayment tenure during
which you have to pay monthly repayments named EMIs
or Equated Monthly Instalments. A personal loan EMI
calculator is a specialised tool with which you can
calculate the amount of loan EMIs you have to pay every
month.
A variety of key data is used to calculate these EMIs,
such as the amount to be borrowed, the applicable rate
of interest, and the loan tenure.

3. An easily accessible online tool that you can use 24/7.
An easy-to-use tool that works just by entering a few loan
details.
Gives all your loan and EMI related answers within seconds
Saves energy and time you would have spent on manual
calculations.
Helps you know how much your loan will cost you per
month.
Makes it easier for you to plan your finances.
Benefits of Using an EMI
Calculator

4. Here are the steps to calculate EMIs using a personal
loan EMI calculator:
• Enter the loan amount you want to apply for
• Choose the loan repayment term
• Select the interest rate
As you follow these steps, the recommended plans are
displayed on your screen. The plans display your EMI
amount, the duration of your loan, and the applicable
interest rate. Out of the plans offered, you can choose
your preferred plan and apply for personal loan online.
How does a Personal Loan EMI
Calculator Work

5. Certain factors increase or decrease the amount of your
loan EMIs. Some of them are:
• Loan amount: The higher amount of loan you
take, the higher EMIs you will have to pay.
• Applicable interest rate: Percentage at which the
lender charges interest on the loan.
• Loan tenor: Period during which you keep paying
your EMIs
Factors that Affect Your Loan
EMIs

6. 6
© Clix Capital Services Pvt. Ltd. All rights reserved.
Apply Personal Loan in Mumbai
A personal loan is the best option if you need funds
for an urgent need or a short period. It can be availed
for any purpose. Apply for personal loan in Bangalore
online on Clix Capital by just filling a few personal
details.
A personal loan is easy to have from the various
rising banks, NBFC, and other digital loan-providing
agencies. Get personal loan online amount within 24
hours in your bank account at Clix.

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