- Bandhan Bank personal loan EMI calculator evaluates the overall borrowing cost of personal loans.
- The calculator is online and gives accurate results.
- You can try multiple combinations of interest rates, loan amount and loan tenure.
- It allows the individuals to plan their EMIs as per their financial situation.
- The calculator is fast and gives instant results.
Bandhan Bank Personal Loan EMI Calculator
Calculate Your Personal Loan EMI
Select Your Bank
₹
5K1Cr
8%30%
1Y 7Y
Your Monthly EMI Payment
₹0
Principal Amount₹0
Interest Amount₹0
Total Amount₹0
Tip Paying one extra EMI every year saves ₹19.6K in interest and closes the loan 8 months earlier.
Amortisation schedule
Monthly EMI
₹ 16,134
Total interest
₹ 80,809
Total payment
₹ 5,80,809
Principal 86%Interest 14%
Year
Principal
Interest
EMI paid
Balance
Sep
₹12.0K
₹4.2K
₹16.1K
₹4.88L
Oct
₹12.1K
₹4.1K
₹16.1K
₹4.76L
Nov
₹12.2K
₹4.0K
₹16.1K
₹4.64L
Dec
₹12.3K
₹3.9K
₹16.1K
₹4.52L
Tip Paying one extra EMI every year saves ₹5.0K in interest and closes the loan 2 months earlier.
Reducing-balance method. Final EMI may differ slightly due to rounding.
What Does This Mean?
Your EMI explained in simple language.
- Loan amount
- ₹ 5,00,000
- Interest rate
- 10% p.a.
- Tenure
- 3 yr (36 mo)
- Monthly EMI is ₹ 16,134
- Total repayment is ₹5.81 lakh
- Interest contributes 13.9% of total repayment
- Your EMI is well-balanced between principal and interest. Ensure the monthly payment stays within 55% of your net income.
- Extending tenure may reduce your EMI but increase the total interest paid
Monthly EMI
₹ 16,134
Total Interest
₹ 80,809
Total Repayment
₹ 5,80,809
Interest Share
13.9%
Features of Bandhan Bank Personal Loan EMI Calculator
Comparison of Bandhan Bank Personal Loan EMI with Other Lenders
| Banks/NBFCs | Interest Rates (p.a.) | EMI (Rs.)
(Loan Amount - Rs. 5 Lakh Loan Tenure - 5 years) |
|---|---|---|
| State Bank of India | 10.05% - 15.05% | 10,636 - 11,908 |
| HDFC Bank | 9.99% onwards | 10,621 onwards |
| Axis Bank | 9.99% onwards | 10,621 onwards |
| ICICI Bank | 10.45% onwards | 10,735 onwards |
| Kotak Mahindra Bank | 9.98% onwards | 10,619 onwards |
| IndusInd Bank | 10.49% onwards | 10,744 onwards |
| IDFC FIRST Bank | 9.99% onwards | 10,621 onwards |
| Federal Bank | 12.0% - 19.5 % | 11,122 - 13,108 |
| YES Bank | 10.85% - 21.00% | 10,834 - 13,527 |
| Tata Capital | 10.99% onwards | 10,869 onwards |
| Aditya Birla Finance | 10.99% onwards | 10,869 onwards |
| L&T Finance | 11.00% onwards | 10,871 onwards |
| Hero Fincorp | Up to 30.00% | Up to 16,177 |
| Piramal Finance | 12.14% onwards | 11,158 onwards |
| Poonawalla Fincorp | 9.99% onwards | 10,621 onwards |
| Moneyview | 14% onwards | 11,634 onwards |
How Does the Bandhan Bank Personal Loan EMI Calculator Work?
How is Bandhan Bank Personal Loan EMI Calculator Useful?
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FAQs
How does the Bandhan Bank personal loan EMI calculator work?
You need to enter the interest rate, loan amount and loan tenure in the EMI calculator and automatically computes the EMI and interest cost using the standard EMI formul
On what factors does the Bandhan Bank personal loan EMI depend?
Bandhan Bank personal loan EMI depends on the personal loan interest rate, loan amount and loan tenure opted by the applicant.
Is personal loan EMI calculator free of cost?
Yes, personal loan EMI calculator is available online 24*7 and is completely free of cost.
What would be the EMI of Bandhan Bank personal loan of Rs. 10 lakh availed for 5 years?
The EMI of Bandhan Bank personal loan of Rs. 10 lakh availed for 5 years would be Rs. 20,987.
What would be the total interest cost of Bandhan Bank personal loan of Rs. 10 lakh availed for 5 years?
The total interest cost of Bandhan Bank personal loan of Rs. 10 lakh availed for 5 years would be Rs. 2,59,232.
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