Personal Loan Apply Online

# Can Fin Homes Personal Loan – Apply Online 2022

Last Updated : March 24, 2017, 5:11 p.m.

Can Fin Homes is a Non- Banking Financial Company that provides a personal loan to its existing customers. The institution issue personal loan up to the maximum amount of INR 75,00,000 depending on the financial position of the customer . The repayment period lasts up to 10 years. The interest is calculated on diminishing balance at monthly intervals.

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## Can Fin Homes Personal Loan Interest Rates

ParticularsDetails
Interest Rates11.25% - 13.25% per annum
Loan AmountUpto INR 75,00,000
TenureUp to 10 years

### Eligibility Criteria

Only the existing Can Fin Homes customers can avail the personal loan when,

• The EMI is credited in their housing loan account
• The account is conducted in an appropriate manner
• No payment is pending
• Valid mortgage is presented and the dwelling unit is completed in all respect
• The applicant has sufficient repayment capacity

### Can Fin Home Personal Loan EMI Calculator

The simple and quick way of calculating the monthly installment amount is by using the fixed deposit calculator. The calculator will save your time and give an accurate result. Only a few details regarding the loan amount, repayment period and rate of interest are to be filled. The result will be computed in the fraction of the second.

Working Of Calculator: The working of calculator is explained with the help of an example

ParticularsDetails
Expected Loan AmountINR 7,50,000
Repayment Period10 years
Rate of Interest13.25% per annum

Table Showing EMI, Interest Outgo, and Total Repayment Amount

EMI, Total Interest Outgo, Total Repayment (Interest + Principal)

YearPrincipalInterestBalance Amount
1₹ 38,624₹ 97,085₹ 7,11,375
2₹ 44,065₹ 91,645₹ 6,67,309
3₹ 50,271₹ 85,438₹ 6,17,038
4₹ 57,352₹ 78,357₹ 5,59,685
5₹ 65,430₹ 70,279₹ 4,94,254
6₹ 74,646₹ 61,063₹ 4,19,608
7₹ 85,160₹ 50,549₹ 3,34,447
8₹ 97,155₹ 38,554₹ 2,37,291
9₹ 1,10,839₹ 24,870₹ 1,26,451
10₹ 1,26,575₹ 9258₹ 0

### How To Apply

Only the existing customer can avail the personal loan from the institution. You can apply online for the personal loan. Login the official website and apply .

### Can Fin Home Personal Loan Eligibility Calculator

You can check your eligibility online using the eligibility calculator . The eligibility calculator is available on the website of Can Fin . Fill in the appropriate details in the following fields and click on submit button :

• Repayment period
• Rate of interest applied

### Features and Benefits

• Competitive rate of interest: You can borrow a loan from Can Fin Homes Ltd. at an interest rate of 11.25%-13.25% per annum
• Quick disbursal: Loan is disbursed to your account in 48 hours of the approval. And you just need to submit the fee and documents to get a sanction.
• Less documentation: The documents you need to submit are Aadhar card, PAN card, salary slip and bank statement.
• Flexible Tenure: To pay the borrowed amount, you can choose the tenure as per your convenience. You can get the loan upto 10 years to pay the loan with the applied rate of interest. The loan is repayable in equated monthly installments (EMIs).
• Purpose: You can use a personal loan for various purposes such as marriage, education, vacation, medical expenses, renovation, etc.

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