Federal Bank offers a wide array of loans that cater to the individual needs of every customer. The loan schemes offered under the Federal Bank Personal Loan category are FedPremia, Federal Easy Cash, Federal Shubh Yatra Loan (for travelling) and Federal Bon Voyage Loan (for relocating to abroad for work). You can apply for any scheme of Federal Bank Personal Loan from the comfort of your home and can avail a loan amount of upto Rs. 25 lakh.
Federal Bank Personal Loan - EMI Calculator
An EMI or Equated Monthly Installment Calculator can help you calculate the necessary monthly payment amount needed to be paid regarding loan repayment. Paisabazaar’s Personal Loan EMI Calculator is one such tool that helps an individual to know the EMI that he would be paying each month if he applies for Federal Bank Personal Loan. All you need to do is to fill the loan amount, tenure and interest rate and you will instantly get to know the EMI.
|Loan Amount||Rate of Interest||Loan Tenure||EMI|
|Rs. 4,32,000||11.5%||12 months||Rs. 38,281|
|Rs. 5,97,450||11.5%||20 months||Rs. 32,969|
|Rs. 9,25,000||11.62%||31 months||Rs. 34,686|
|Rs. 10,06,000||11.75%||41 months||Rs. 29,908|
|Rs. 12,53,000||12%||45 months||Rs. 34,714|
|Rs. 14,44,000||12.125%||50 months||Rs. 36,929|
|Rs. 15,79,000||12.375%||54 months||Rs. 38,280|
What are the Benefits of Using EMI Calculator?
- It is much easier to calculate your EMIs using a personal loan EMI Calculator as you only need to fill three fields and they are the preferred loan amount, tenure and interest rate to know your EMI
- Manual calculations may consume a lot of time, but an online calculator calculates your personal loan EMIs within seconds
- The EMI calculator uses a formula and tells you the exact EMI, while a manual calculation may go wrong
How do I get in touch with Federal Bank customer care?
How do I apply for Federal Bank personal loan online?
You can apply for Federal Bank personal loan through Paisabazaar.com. This way, you will not only get end to end assistance on your personal loan application but would also be able to avail funds quickly.