| Banks/NBFCs | Interest Rates(p.a.) |
|---|---|
| HDFC Bank | 10.85% onwards |
| Axis Bank | 11.25% onwards |
| Kotak Mahindra Bank | 10.99% onwards |
| ICICI Bank | 10.85% onwards |
RattanIndia Finance Personal Loan EMI Calculator
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15.5L Reviews
Get up to ₹50 Lakhs starting at 9.98%
15.5L Reviews
Wide Choice
Curated offers from 30+ lenders
Quick Disbursal
Money in your account instantly
SmartMatch
Offers ranked according to eligibility
Digital Process
Hassle-free & paperless
Find Best Personal Loan Offers
Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
End-to-End Digital Process
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
Personal Loan Interest Rate Comparison of different Banks
How RattanIndia Finance Personal Loan EMI Calculator Functions
An individual can easily know his/her EMI payout by using the RattanIndia Finance personal loan EMI calculator. Alternatively, you can also check EMI payout by using the Paisabazaar personal loan EMI calculator. The easy to use calculator helps you to know your future EMIs in advance so that you can manage your expenses accordingly. You simply have to select the desired loan amount, tenure and interest rate to know your EMIs.
Thus, an EMI calculator functions on the basis of the following 3 key parameters:
RattanIndia Finance Personal Loan EMI Calculation
Given below are different possible EMI payouts with varying combinations of loan amount, tenure and interest rate.
| Loan Amount (Rs.) | Interest Rate (p.a.) | Tenure (months) | EMI (Rs./month) |
|---|---|---|---|
| 1 lakh | 15% | 12 | 9,026 |
| 2 lakh | 16% | 24 | 9,793 |
| 3 lakh | 14% | 36 | 10,253 |
| 4 lakh | 17% | 48 | 11,542 |
| 5 lakh | 18% | 60 | 12,697 |
Charges Levied on Non Payment of EMI
The following charges may be levied in case RattanIndia Finance personal loan EMIs are not paid on time:
| Particulars | Charges |
|---|---|
| ECS Failure Charges / Cheque Return Charges | Rs. 600 per instance |
| Late payment/Penal charges | 2% p.m. on the actuals and maximum of Rs 300 (whichever is higher) |
| Accrued Interest | As applicable based on actual delayed status or as communicated by the lender from time to time. |
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Factors Affecting RattanIndia Finance Personal Loan EMI
Key factors which affect RattanIndia Finance personal loan EMIs are given below:
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
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