InCred Personal Loan EMI Calculator

Use InCred EMI Calculator for accurate calculations

Salaried Individuals - Check your Loan eligibility!

Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Apply Now

InCred offers several loans to their customers, including Personal Loans, Education Loans, Business Loans, etc. Among all other provided services, its Personal Loan has gained popularity in the market because of its attractive interest rate, flexible repayment tenure and option to pay the loan in easy EMIs. Moreover, there is an InCred Personal Loan EMI calculator available on its official website which allows people to calculate the value of EMIs they will be required to pay monthly. By using an InCred Personal Loan EMI calculator on Bajaj Markets, you will be able to determine the amount of money needed, which will permit you to efficiently manage your monthly expenses.

InCred Personal Loan EMI Calculator

Loan Amount

₹

Tenure

Months
Years

Rate of Interest

Monthly EMI

at % interest rate for months

Total Amount Payable

Principal Amount

Total Interest Amount

Apply Now

Year	Principal	Interest	Balance

InCred Personal Loan EMI Calculation

Month	Opening principal outstanding	Interest paid	Principal repaid	Resulting principal outstanding
1	Rs. 2,00,000	Rs. 4,667	Rs. 31,441	Rs. 1,68,559
2	Rs. 1,68,559	Rs. 3,933	Rs. 32,175	Rs. 1,36,384
3	Rs. 1,36,384	Rs. 3,182	Rs. 32,926	Rs. 1,03,458
4	Rs. 1,03,458	Rs. 2,414	Rs. 33,694	Rs. 69,764
5	Rs. 69,764	Rs. 1,628	Rs. 34,480	Rs. 35,284
6	Rs. 35,284	Rs. 823	Rs. 35,285	Rs.0

How to Pay InCred Personal Loan EMI

1. Online Mode

Net Banking: You may use NEFT, RTGS, or IMPS methods to pay your EMI easily, as these are one of the more convenient and secure ways to do any kind of transaction.
Credit/Debit Card: You also have an option to use your debit or credit card to pay the instalment.

2. Offline Mode

Cash: Cash is one of the most used offline methods for EMIs. Paying InCred Personal Loan EMIs in cash is a time-honoured process that gives you a feeling of security since you are engaging in a physical transaction.
Cheque: Another alternative is to use a cheque. Moreover, all cheque transactions are automatically generated in your passbook, making it easy to refer to in the future.

InCred Personal Loan EMI Charges in Case of Prepayment

You may choose to prepay your loan amount to lower your overall EMI burden. This is because, when you opt for this facility, your principal sum reduces. However, note that you may have to pay a certain fee when choosing this option, which comes at the discretion of the financial institution. Thus, consider having a thorough talk with the lender before proceeding.