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An L&T personal loan can be a lifesaver as it can help you meet your financial obligations without the hassle of lengthy paperwork and long queues. Its entirely digital process and swift customer service makes L&T personal loan an ideal tool to mitigate any financial woes. 

You can also use the L&T personal loan EMI calculator to help you manage your finances better by getting a clear understanding of your EMI payments. All you need to do is fill in a few details such as your loan amount, interest rate and loan tenure. Once you’ve entered all relevant details, you’ll be presented with your monthly EMI payments. 

L&T Personal Loan EMI Calculator

Loan Amount
Tenure
Months
Rate of Interest
Personal Loan
Your Monthly Personal Loan EMI
Principal Amount
Total Interest
Total Amount Payable
Amortization Schedule
Download Amortization Schedule Download
Expand Amortization Schedule
Year EMI Principal Interest Balance

L&T Personal Loan Amortization Calculator

The amortization calculator will help you understand your L&T Personal Loan EMI payments better. Here’s an example to help you plan your finances better. 

  • Principal Amount = 2,00,000

  • Interest Rate = 28%

  • Loan Duration = 6 months

Month

Opening principal outstanding

Interest paid

Principal repaid

Resulting principal outstanding

1

₹2,00,000

₹4,667

₹31,441

₹1,68,559

2

₹1,68,559

₹3,933

₹32,175

₹1,36,384

3

₹1,36,384

₹3,182

₹32,926 

₹1,03,458 

4

₹1,03,458 

₹2,414 

₹33,694 

₹69,764

5

₹ 69,764

₹1,628

₹34,480 

₹35,284

6

₹35,284

₹823

₹35,285

Rs.0 

1. L&T Personal Loan EMI for ₹1 Lakh

Principal Amount

Interest Rate

Repayment Duration

Monthly EMI

₹1 Lakh

25%

3 years

₹3,976

₹1 Lakh

25%

2 years

₹5,337

₹1 Lakh

25%

1 years

₹9,504

2. L&T Personal Loan EMI for ₹3 Lakhs

Principal Amount

Interest Rate

Repayment Duration

Monthly EMI

₹3 Lakhs

25%

3 years

₹11,928

₹3 Lakhs

25%

2 years

₹16,011

₹3 Lakhs

25%

1 years

₹28,513

3. L&T Personal Loan EMI for ₹5 Lakhs

Principal Amount

Interest Rate

Repayment Duration

Monthly EMI

₹5 Lakhs

25%

3 years

₹19,880

₹5 Lakhs

25%

2 years

₹26,686

₹5 Lakhs

25%

1 years

₹47,522

FAQs on L&T Personal Loan EMI Calculator

Does L&T personal loan allow pre-close your personal loan?

Yes, you can make foreclosures with your L&T personal loan. 

What is the repayment tenure for the L&T personal loan?

The repayment tenure for your L&T personal loan can range from 24 months to 48 months.

How can I use the L&T personal loan EMI calculator?

You can use the L&T personal loan EMI calculator on Bajaj Markets, all you need to do is fill in your loan tenure, loan amount and interest rate.

What are the advantages of using an L&T personal loan EMI calculator?

The L&T personal loan EMI calculator is a simple and effective tool to calculate your EMI payments. The EMI calculator is simple to use and produces accurate results. It can be a great way for you to understand EMI payments and plan your financial future better.

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