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Challan Discounting Loans
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Challan Discounting Calculator
Calculate your loan EMI in 3 easy steps. Use Shriram Finance EMI calculator to estimate your EMI and total amount payable
STEP 01
Required loan amount
STEP 02
Interest rate
Min 8%
Max 30%
STEP 03
Min 1 month
Max 12 months
Loan Summary
Loan
Loan Amount
₹ 10,000
Interest Payable
₹ 67
Monthly EMI
₹ 10,067
FAQs
What is an EMI Calculator?
An EMI calculator is a utility tool which helps you to calculate the amount you repay each month towards your loan. You can use the EMI calculator to calculate the EMI amount and analyse the total amount payable.
What is an EMI?
EMI (Equated Monthly Installment) is the fixed payment that the borrower makes to the lender. EMIs pay back the principal and the interest for each month, and the loan is fully repaid within a specified number of months or years.
How to use the EMI Calculator?
- Use the slider for selecting the loan amount
- Select the loan tenure in months using the slider
- Move the slider and select the interest rate
EMI will be calculated immediately when you move the sliders
You can recalculate your EMI anytime by changing the input sliders
Easy & Quick Disbursals on Challan Discounting
