Reliance Money offers personal loan to salaried individuals and self- employed individuals and professionals who need money either to fulfil a dream or to deal with an emergency. Ranging from 12 to 48 months, the tenure of Reliance Money Personal Loan allows convenient repayment. With simple documentation and paperless process, you can apply for the personal loan online.
Reliance Money Personal Loan - EMI Calculator
To know the amount you will be paying as an EMI on a Reliance Money Personal Loan, you can take help of Paisabazaar’s personal loan EMI calculator. All you need to do is to enter the:
- Loan Amount
- Interest Rate
After entering the essential details, the calculator automatically computes the EMI amount to be paid if you avail a Reliance personal loan and helps you to avail a loan amount that you can easily repay.
The below table will give you an idea about how the EMI Calculator works:
|Loan Amount||Rate of Interest||Loan Tenure||EMI|
|Rs. 1,57,000||12%||12 months||Rs. 13,949|
|Rs. 3,77,000||12.12%||18 months||Rs. 23,012|
|Rs. 5,14,000||12.25%||21 months||Rs. 27,317|
|Rs. 7,06,000||12.37%||30 months||Rs. 27,481|
|Rs. 10,08,000||12.5%||33 months||Rs. 36,252|
|Rs. 12,27,000||12.62%||38 months||Rs. 39,340|
|Rs. 16,67,000||12.75%||43 months||Rs. 48,497|
What Are The Benefits of Using EMI Calculator?
- Calculating the EMI of the personal loan manually is a tough and time consuming task. However, utilizing a Personal Loan EMI Calculator will give you the outcome within seconds
- You can get an idea of your regularly scheduled payments and choose the correct loan amount that you can repay without any stress
- You can also work out different combinations of loan tenures and loan amount to get the EMI amount which can comfortably fit in your monthly income
Is there any insurance facility accessible with the personal loan?
Yes, the personal loan plan accompanies an insurance facility offered by the group company, and in this case, it is Reliance General Insurance Company Limited.
Can I foreclose the Reliance Money Personal Loan? What are the charges?
Yes, you can foreclose the personal loan along with the applicable charges:
|Before 6 months||5% of Principal Outstanding + GST|
|After 6 Months||2% of Principal Outstanding + GST|
How can I repay my personal loan?
You can pay the EMI’s in the form of NACH, DD and ECS.