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Vehicle Insurance Finance Calculator

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STEP 01

Required loan amount

STEP 02

Interest rate

%

Min 8%

Max 30%

STEP 03

Loan tenure

month

Min 1 month

Max 12 months

Loan Summary

loangraph

Loan

Loan Amount

₹ 10,000

Interest Payable

₹ 67

Monthly EMI

₹ 10,067

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FAQs

What is an EMI?

EMI or equated monthly installment is the fixed payment that is made by the borrower to the lender. EMIs pay back both the principal and the interest for each month, and the loan is fully repaid within a specified number of months or years.

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 also analyse the total amount payable.

 How to use this EMI Calculator?

Use the slider for selecting loan amount
Select the loan tenure in months using 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 Vehicle Insurance Finance