SBI Personal Loan EMI Calculator May 2016 – Calculate EMI

Use SBI Personal Loan EMI Calculator to find out how much EMI you will have to pay for your Personal Loan at state bank of India.

SBI personal loan Emi Calculator – Find how much EMI amount you have to pay for your Personal loan. Just Enter your loan amount, Interest rates and loan tenure period to get the instant quotes within seconds.

Latest Updates About SBI personal loan calculator:
Interest Rates for State bank starts from 12.60% – 15.10% from 15 april 2016
Search queries for Calculator for personal loan State Bank up 29% as on 08.03.2016
sbi personal loan interest calculator up 140% as on 06.02.2016
Search Queries for sbi personal calculator up +195% as on – 28.11.2015
Search Queries for sbi calculator for personal loan up +132% as on – 24.11.2015
Search Queries for sbi personal loan calculator up +105% as on – 18.11.2015
Search Queries for sbi personal loan emi calculator up +92% as on – 26.10.2015

You Can calculate EMI for loan at Interest Rate of 12.60% to 17.70% p.a. for Personal Loan.


Compare Personal Loan Rates – Eligibility – Process of Top 10 Banks

Loan Amount

Employment Status


Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

Examples of EMI Calculation for SBI Personal Loan

Interest Rates Loan Tenure Lowest EMI Per Lakh
12.70% to 17.80% 5 Years Rs.2,260 – Rs. 2,528
12.70% to 17.80% 4 Years Rs. 2,668 – Rs.2,927
12.70% to 17.80% 3 Years Rs.3,355 – Rs. 3,605
12.70% to 17.80% 2 Years Rs. 4,740 – Rs. 4,983
12.70% to 17.80% 1 Years Rs. 8,918 – Rs. 9,158

 

If you can take 1 lakh of personal loan from sbi @ 13.00% rate of interest for 4 years than your calculations are:

Loan EMI – ₹ 2,683
Total Interest Payable in 4 years – ₹ 28,772
Total Payment (Principal + Interest) – ₹ 1,28,772

Example of SBI Personal Loan of 1 Lakh Amount @ 13.00% Rate of interest for 4 Years Calculation:

Year
Feb 2016 ₹ 1,599 ₹ 1,083 ₹ 98,401
Mar 2016 ₹ 1,617 ₹ 1,066 ₹ 96,784
Apr 2016 ₹ 1,634 ₹ 1,048 ₹ 95,150
May 2016 ₹ 1,652 ₹ 1,031 ₹ 93,498
June 2016 ₹ 1,670 ₹ 1,013 ₹ 91,828
July 2016 ₹ 1,688 ₹ 995 ₹ 90,140
Aug 2016 ₹ 1,706 ₹ 977 ₹ 88,434
Sep 2016 ₹ 1,725 ₹ 958 ₹ 86,709
Oct 2016 ₹ 1,743 ₹ 939 ₹ 84,965
Nov 2016 ₹ 1,762 ₹ 920 ₹ 83,203
Dec 2016 ₹ 1,781 ₹ 901 ₹ 81,422
Jan 2017 ₹ 1,801 ₹ 882 ₹ 79,621
Feb 2017 ₹ 1,820 ₹ 863 ₹ 77,801
Mar 2017 ₹ 1,840 ₹ 843 ₹ 75,961
Apr 2017 ₹ 1,860 ₹ 823 ₹ 74,101
May 2017 ₹ 1,880 ₹ 803 ₹ 72,221
june 2017 ₹ 1,900 ₹ 782 ₹ 70,321
July 2017 ₹ 1,921 ₹ 762 ₹ 68,400
Aug 2017 ₹ 1,942 ₹ 741 ₹ 66,458
Sep 2017 ₹ 1,963 ₹ 720 ₹ 64,495
Oct 2017 ₹ 1,984 ₹ 699 ₹ 62,511
Nov 2017 ₹ 2,006 ₹ 677 ₹ 60,506
Dec 2017 ₹ 2,027 ₹ 655 ₹ 58,478
Jan 2018 ₹ 2,049 ₹ 634 ₹ 56,429
Feb 2018 ₹ 2,071 ₹ 611 ₹ 54,358
Mar 2018 ₹ 2,094 ₹ 589 ₹ 52,264
Apr 2018 ₹ 2,117 ₹ 566 ₹ 50,147
May 2018 ₹ 2,139 ₹ 543 ₹ 48,008
June 2018 ₹ 2,163 ₹ 520 ₹ 45,845
July 2018 ₹ 2,186 ₹ 497 ₹ 43,659
Aug 2018 ₹ 2,210 ₹ 473 ₹ 41,449
Sep 2018 ₹ 2,234 ₹ 449 ₹ 39,216
Oct 2018 ₹ 2,258 ₹ 425 ₹ 36,958
Nov 2018 ₹ 2,282 ₹ 400 ₹ 34,675
Dec 2018 ₹ 2,307 ₹ 376 ₹ 32,368
Jan 2019 ₹ 2,332 ₹ 351 ₹ 30,036
Feb 2019 ₹ 2,357 ₹ 325 ₹ 27,679
Mar 2019 ₹ 2,383 ₹ 300 ₹ 25,296
Apr 2019 ₹ 2,409 ₹ 274 ₹ 22,887
May 2019 ₹ 2,435 ₹ 248 ₹ 20,452
June 2019 ₹ 2,461 ₹ 222 ₹ 17,991
July 2019 ₹ 2,488 ₹ 195 ₹ 15,503
Aug 2019 ₹ 2,515 ₹ 168 ₹ 12,989
Sep 2019 ₹ 2,542 ₹ 141 ₹ 10,447
Oct 2019 ₹ 2,570 ₹ 113 ₹ 7,877
Nov 2019 ₹ 2,597 ₹ 85 ₹ 5,280
Dec 2019 ₹ 2,626 ₹ 57 ₹ 2,654
Jan 2020 ₹ 2,654 ₹ 29 ₹ 0

SBI offers custom made personal loan scheme to borrowers in the form of credit loan, saral loan, pension loan and festival loans.

The loan will be granted for any legitimate purpose whatsoever (e.g. expenses for domestic or foreign travel, medical treatment of self or a family member, meeting any financial liability,such as marriage of son/daughter, defraying educational expenses of wards, meeting margins for purchase of assets etc.)

Repayment
The loan is repayable in 48 EMI. You are allowed to pay more than the EMI if you wish to,without attracting any prepayment penalty.

Maximum :
12 times Net Monthly Income for salaried individuals and pensioners subject to a ceiling of Rs.10 lacs in all centres

You might find these relevant:


Tags: , , , ,

  • WRS Info India Pvt.Ltd.
    Address: E-32, Ground Floor, Sector - 8, Noida,
    Uttar Pradesh, India - 201301
    Email: contactus@deal4loans.com
  • Facebook linkedin Twitter Google plus

    DMCA.com
    © Copyright 2016, Deal4loans, India
  • Disclaimer: Information is sourced from respective Banks websites. We don't provide Loans on our own but ensures your information is sent to bank/agent which you have opted for and we do not charge any fee from our customers. We don't do short term loans. Deal4loans has no sales team on its own and we just help you to compare loans .All loans are on discretion of the associated Banks/Agents.Read More
X

logo    Silicon Valley stalwarts from Google and Whatsapp back financial technology firm Deal4Loans. read more...