Loan EMI Calculator
Total Down Payment (TDP)
(TDP = D + P)
Loan EMI (LE)
(PLA= A – D)
(PLA = Principal Loan Amount)
(LE = [PLA x R x (1+R)^T]/[(1+R)^T-1] )
Total Interest Payable (TIP)
(TIP = LE * T)
Total Payment (TP)
(TP = LA + TIP + P)
A personal loan is a reliable solution to meet fast loan eligibility. IIFL Finance provides personal loans at a minimum of Rs. 15,000 salaries. Before driving on a personal loan you should check the IIFL personal loan EMI calculator that enhances your decision and manage finances efficiently.
Benefits of IIFL Personal Loan EMI Calculator
- The user-friendly interface provides results in a couple of seconds. EMI calculator tool gives the solution without downloading third-party software.
- Adjust the EMI calculator parameters with the help of loan amount, interest, and tenure explore repayment term and monthly EMI, and choose the best option.
- The borrower can calculate the EMI without any error. Our online method is a simple and one-click solution for users.
- You may understand deeper insight knowledge with a graph of EMI calculator. Know about principal and interest rate amounts when comparing IIFL personal loan interest rates.
- It will be much more complicated when you are going with a manual calculator. However, the online EMI calculator saves time.
IIFL Personal Loan EMI Calculation
| Loan Amount | Interest Rate | Tenure | EMI (Per Month) |
| Rs. 1,50,000 | 14% | 36 months | Rs. 5,127 |
| Rs. 2,00,000 | 14% | 36 months | Rs. 6,836 |
| Rs. 3,00,000 | 14.5% | 36 months | Rs. 10,327 |
| Rs. 3,50,000 | 14.5% | 48 months | Rs. 9,653 |
| Rs. 4,00,000 | 14.85% | 48 months | Rs. 11,102 |
| Rs. 4,50,000 | 15% | 50 months | Rs. 12,158 |
| Rs. 5,00,000 | 15% | 52 months | Rs. 13,135 |
| Rs. 5,50,000 | 15.5% | 52 months | Rs. 14,590 |
| Rs. 6,00,000 | 16% | 58 months | Rs. 14,921 |
Compare Personal Loan Interest Rate
| Lender | Interest Rate | Net Salary | |
| WeRize | 16% to 21% p.a. | Rs. 12,000 | Apply Now |
| Payme India | 18% to 42% p.a. | Rs. 15,000 | Apply Now |
| InCred | 11.49% to 18% p.a. | Rs. 15,000 | Apply Now |
| Fibe | 24% to 30% p.a. | Rs. 15,000 | Apply Now |
| PaySense | 1.4% to 2.3% per month | Rs. 18,000 | Apply Now |
| Upward | 9% to 32% p.a. | Rs. 20,000 | Apply Now |
| Axis Bank | 10.49% to 22% | Rs. 25,000 | Apply Now |
| SMFG India Credit | 11.99% to 32% p.a. | Rs. 20,000 to Rs. 25,000 | Apply Now |
| Bandhan Bank | 10.50% to 18% p.a. | Rs. 20,000 | Apply Now |
| Piramal Finance | 12.99% p.a. | Rs. 25,000 | Apply Now |
| Finnable | 16% to 22% p.a. | Rs. 15,000 | Apply Now |
IIFL Personal Loan Eligibility
IIFL Finance provides personal loans with a simple eligibility check. The below list of criteria you should know:
- Indian Residence
- Age: 23 to 60 years
- Salary Rs. 15,000 or above
- Credit Score: -1 / 720+ need
FAQs
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Can I apply for an IIFL personal loan online?
Borrow IIFL finance personal loan from 24hr Loan that is a digital process. Without a branch visit, get loan approval up to Rs. 5 lakh.
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How to foreclose an IIFL personal loan?
Easy to foreclose an IIFL personal loan from the IIFL website with the help of RTGS, NEFT, or Debit Card.
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How much salary is required for an IIFL personal loan?
Individuals with a Rs. 15,000 income are eligible for IIFL finance personal loans.
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Is it a required co-applicant for an IIFL loan?
You can borrow an IIFL personal loan without adding a co-applicant.
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How do I contact IIFL customer care?
You can contact the customer at 1860-267-3000 or 7039-050-000. Call on the working day only.