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.
- 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.
Apply Tata Capital Personal Loan @ 10.75%* Rate
| Loan Amount | |
| Interest Rate | |
| Tenure(Months) | |
| Monthly Instalment (EMI) | |
| Total Interest Amount | |
| Total Amount (Principal + Interest) |
| Year | Principal | Interest | Balance Amount |
|---|
Tata Capital Personal Loan EMI Calculator Details
In the below tables, you can have a look at the EMI amount for different loan amounts at the end of different periods at a Tata Capital Bank personal loan interest rate of 10.99% to 16 % per annum
Tata Capital Personal Loan EMI for Different Loan Amounts and Different Tenures at an interest rate of 10.99% per annum
You can have a look at the EMI amounts for a period of 2, 3, 4 and 5 years respectively for a loan amount ranging from 1 lakh to 15 lakh at an interest rate of 10.99% per annum
| Loan Amount | 2 Years | 3 Years | 4 Years | 5 Years |
|---|---|---|---|---|
| INR 1,00,000 | INR 4,660 | INR 3,273 | INR 2,584 | INR 2,174 |
| INR 3,00,000 | INR 26,513 | INR 13,981 | INR 7,752 | INR 6,521 |
| INR 5,00,000 | INR 23,302 | INR 16,367 | INR 12,920 | INR 10,869 |
| INR 7,00,000 | INR 32,622 | INR 22,914 | INR 18,088 | INR 15,216 |
| INR 10,00,000 | INR 46,603 | INR 32,734 | INR 25,841 | INR 21,737 |
| INR 15,00,000 | INR 69,905 | INR 49,101 | INR 38,761 | INR 32,606 |
Tata Capital Personal Loan EMI for Different Loan Amounts and Different Tenures at an interest rate of 16.00% per annum
You can have a look at the EMI amounts for a period of 2, 3, 4 and 5 years respectively for a loan amount ranging from 1 lakh to 15 lakh at an interest rate of 18% per annum.
| Loan Amount | 2 Years | 3 Years | 4 Years | 5 Years |
|---|---|---|---|---|
| INR 1,00,000 | INR 4,992 | INR 3,615 | INR 2,937 | INR 2,539 |
| INR 3,00,000 | INR 14,977 | INR 10,846 | INR 8,812 | INR 7,618 |
| INR 5,00,000 | INR 24,962 | INR 18,076 | INR 14,687 | INR 12,697 |
| INR 7,00,000 | INR 34,947 | INR 25,307 | INR 20,562 | INR 17,775 |
| INR 10,00,000 | INR 49,924 | INR 36,152 | INR 29,375 | INR 25,393 |
| INR 15,00,000 | INR 74,886 | INR 54,229 | INR 44,062 | INR 38,090 |
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
Frequently Asked Questions
1. How is Tata Capital Personal loan EMI calculated?
Tata Capital calculates the loan EMI on the basis of your loan amount, repayment tenure, and interest rate. You can also calculate your personal loan EMI with the help of a personal loan EMI calculator.
2. How can I pay Tata Capital Loan EMI?
You can use the internet banking, debit card or UPI facility offered by your bank to pay your EMI payments on loans from Tata Capital.
3. What is the formula to calculate Personal loan EMI?
The formula used by Kotak Mahindra Bank and it’s EMI calculator is:
P x R x (1+R)^N] / [(1+R)^N-1]
where,
P= Principal or your loan amount
R= Rate of interest
N= Tenure (loan term in number of years)
4. What factor affects Tata Capital Personal Loan EMI?
Applicant’s monthly income, repayment capacity, CIBIL score, loan tenure, interest rate along with various other factors affect the Tata Capital personal loan EMI.
5. What is the best way to calculate EMI for a Tata Capital Loan?
To calculate your EMI for a Tata Capital loan you can simply visit the Tata Capital official website and use their EMI calculator. Another method is to use the Wishfin EMI calculator to calculate the EMI on your personal loan. You just need to enter your loan amount, loan tenure and your interest rate to calculate your EMI.