Calculate Your Monthly L&T Personal Loan EMI
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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.
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 |
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
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.
