Tata Capital Personal Loan EMI Calculator

After availing the personal loan, if you are curious to know what would be your EMIs, all you need to know about a personal loan EMI Calculator. That’s Right! This smart and time-saving tool online is there to help you in the best way. It lets you know the exact calculations of your EMI and Interest Outgo in a hassle-free manner.

EMI Calculator for Personal Loan

Loan Amount (₹)

Interest Rate (%)

Tenure (Month)

Results

Loan Amount
Interest Rate
Tenure(Months)
Monthly Instalment (EMI)
Total Interest Amount
Total Amount (Principal + Interest)

Year	Principal	Interest	Balance Amount

This device after taking into consideration:

• Loan Amount
• Interest Rate
• Tenure

Gives you the exact and precise results related to your Tata Capital Personal Loan EMI, Interest Outgo and Total Amount Payable. With its 24×7 availability, this device is absolutely easy to use and allows you to enjoy your personal loan journey.

Tata Capital Personal Loan EMI Calculator

To have more clarity on the same, take the help from an example mentioned below
Suppose, Surbhi Jain, a 26-year-old Interior Designer by profession is looking for a personal loan of ₹5 Lakh to invest in her business. And, the best thing is that Tata Capital after reviewing her profile has agreed to offer her the loan at an interest rate of 11.49% per annum for a tenure of 5 years. So, let’s just know what would be the exact amount of monthly installment Surbhi needs to pay via looking at the calculations in the table below.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan Amount	Interest Rate	Tenure	Monthly Instalment	Total Interest Amount	Total Amount
₹ 5,00,000	11.49%	1	₹ 44,305	₹ 31,662	₹ 5,31,662
₹ 5,00,000	11.49%	2	₹ 23,418	₹ 62,028	₹ 5,62,028
₹ 5,00,000	11.49%	3	₹ 16,486	₹ 93,483	₹ 5,93,483
₹ 5,00,000	11.49%	4	₹ 13,042	₹ 1,26,019	₹ 6,26,019
₹ 5,00,000	11.49%	5	₹ 10,994	₹ 1,59,628	₹ 6,59,628

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

Year	Principal	Interest	Balance Amount
1	₹ 78,525	₹ 53,400	₹ 4,21,474
2	₹ 88,038	₹ 43,887	₹ 3,33,435
3	₹ 98,704	₹ 33,221	₹ 2,34,731
4	₹ 1,10,662	₹ 21,263	₹ 1,24,068
5	₹ 1,24,173	₹ 7857	₹ 0

Tata Capital Personal Loan EMI Calculation Formula

The calculator uses the below formula to calculate an EMI.
EMI = [P x R x (1+R)^N]/[(1+R)^N-1]
where,
EMI = Equated Monthly Installment
P = Principal Loan Amount
R = Monthly Interest Rate
N = Number of Monthly Installments