Citibank Personal Loan is an ideal way of getting extra cash in case of an emergency or planned expenditure without compromising your savings or affecting your monthly budget. But it is always good practice to borrow within your means and this requires planning your loan EMI expenses ahead of time. To help with this, Paisabazaar has designed an easy-to-use personal loan EMI calculator, which can help you compute the potential Citibank Personal Loan EMI in an instant.
Citibank Personal Loan EMI Calculator
EMI stands for Equated Monthly Installments and it an amount that a borrower has to pay during the loan tenure to repay the personal loan amount. Paisabazaar has designed a personal loan EMI calculator, which can instantly compute Citibank Personal loan EMI. All you need to do is enter your loan amount, interest rate and tenure and your estimated EMI payout will be displayed immediately. The goal of the EMI calculator is simple – to help you calculate a suitable Citibank personal loan amount so that you do not borrow beyond your repayment capability.
The following table will give you an idea about how the EMI Calculator works and how you can try various combinations to find the right loan amount, tenure and interest rate:
| Loan Amount (Rs.) | Rate of Interest (%) | Loan Tenure (months) | EMI (Rs.) |
| 1 lakh | 10.50 | 12 | 8,814 |
| 10 lakh | 11.00 | 17 | 63,794 |
| 3.5 lakh | 11.50 | 24 | 16,394 |
| 7 lakh | 12.25 | 22 | 35,686 |
| 15 lakh | 14.00 | 36 | 52,266 |
What are the benefits of using Citibank Personal Loan EMI Calculator?
- Saves Time: The Paisabazaar Personal Loan EMI calculator saves you from complex and time-consuming manual calculation. You can get the EMI amount in a matter of seconds.
- Free of Cost: The calculator is freely available for use online.
- Check Multiple Combinations: You have the freedom to try multiple combinations of loan amount, tenure and rate of interest to find a suitable EMI, thereby avoiding any financial hassle in the future.
Frequently Asked Questions (FAQs)
What is the eligibility criteria for Citibank Personal Loan?
You should be between 21 and 60 years of age with a minimum monthly income of Rs. 25,000. Know more about Citibank Personal Loan eligibility
How can I apply for Citibank Personal Loan?
You can apply for Citibank Personal Loan by filling out the form given at the top of the page with the help of Paisabazaar in a matter of minutes. Click here to know more.
What are the pre-closure charges for Citi Personal Loan?
Up to 4% on total principal outstanding at the time of full and final settlement of account + Interest for the ongoing month + applicable taxes
How to use an EMI Calculator?
EMI calculator is an easy-to-use tool, where you can either type or slide the desired loan amount, interest rate and tenure to calculate the EMI amount that suits your repayment requirement.