Bajaj Finance Personal Loan EMI Calculator July 2018

Bajaj EMI calculator for Personal Loan is an online tool that provides the monthly emi, emi calculator consider principal amount, rate of interest, and repayment period to calculate an Equated Monthly Instalment (EMI).

What is an EMI -An Equated Monthly Instalment (EMI) is a fixed amount (part of the repayment) for monthly payment, used to repay your outstanding loan. Personal loan EMI depends on the principal loan amount, interest rate, and the tenor of loan.

₹ 273,923 crores worth of Personal Loan Applications received! (last updated on 19 July 2018)

Apply Bajaj Finserv Personal Loan | Interest Rates | Eligibility & your CIBIL score absolutely FREE.

Loan Amount

Employment Status


How to use Bajaj Personal Loan EMI Calculator?

Personal Loan EMI calculator is very easy to use. All you need to do is enter the following information: The loan amount, tenor (in months), and rate of interest. The calculator will use the information provided by you, run it against the EMI calculation formula, and inform you of the EMI amount you will have to pay every month.

EMI calculator is simple tool and easy to understand. If you want to calculate your monthly EMI of loan, then you need to enter 3 value, principle amount, interest rate and tenure, by using the given values and on the basis of formula calculator will shows the monthly emi.

Bajaj Personal Loan EMI Calculator

Monthly EMI for a personal loan from bajaj finserv can be calculated by entering loan amount, repayment period and rate of interest. Maximum tenure up to 60 months. Compare Personal Loan EMI for different principle amount and loan tenures.

Personal Loan EMI depend on loan amount, tenure and interest. If the loan amount is high the emi will also high, if the rate of interest is high then emi will also high and if the tenure is more then the emi will less.

Loan Amount Tenure In Years Payment/Year Interest Rate Monthly EMI
100000 1 12 12.99% ₹8,931.26
125000 2 12 12.99% ₹5,942.14
150000 3 12 12.99% ₹5,053.37
170000 4 12 12.99% ₹4,559.83
200000 5 12 12.99% ₹4,549.59
230000 5 12 12.99% ₹5,232.03
250000 5 12 12.99% ₹5,686.99
260000 5 12 12.99% ₹5,914.47
280000 5 12 12.99% ₹6,369.43
300000 5 12 12.99% ₹6,824.39
340000 5 12 12.99% ₹7,734.30
350000 5 12 12.99% ₹7,961.78
390000 5 12 12.99% ₹8,871.70
400000 5 12 12.99% ₹9,099.18
425000 5 12 12.99% ₹9,667.88
450000 5 12 12.99% ₹10,236.58
475000 5 12 12.99% ₹10,805.28
500000 5 12 12.99% ₹11,373.98

How Bajaj Finserv Personal Loan EMI Calculator Helps You in Saving Your Money

Look, you choose the loan amount with higher repayment period, but are you sure you choose the right scheme for you, don’t know so let’s have a look at it:

Loan Amount

5 Lakh

Total Amount Paid in Full Tenure

Interest Rates


EMI for 1 Years

Rs. 44,656 Rs. 5,35,876

EMI for 2 Years

Rs. 23,769 Rs. 5,70,446

EMI for 4 Years

Rs. 13,411 Rs. 6,43,741

EMI for 5 Years

Rs. 11,374 Rs. 6,82,439

You Save

If you choose 4 years Repayment plan in comparison to 5 years plan than you can save approx. Rs. 38,698 by just paying approx. 1500 extra EMI per month.

Benefits of Bajaj Personal Loan EMI Calculator

  1.  Monthly EMI helps to calculate eligibility to apply for a personal loan.
  2. On the basis of EMI you can decide the right loan amount.
  3. You can check your monthly emi,  that is suitable as per your income on various combinations of loan amount, tenures and interest rates.
  4.  You can also calculate total amount (Principle Amount + Interest ) and total interest to be paid over the loan tenure.

How Bajaj Finance Personal Loan EMI calculator Work

Simple formula to calculate Personal Loan EMI.
E = P * r * (1+r)^n / ((1+r)^n-1)
E – EMI.
P – principal loan amount.
r – rate of interest calculated on a monthly basis.
n – tenor/duration of the loan.

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