A personal loan amount calculator is an online tool that helps users to find out the amount they will be paying per month in the form of EMI towards a personal loan. Users need to enter principal loan amount, interest rates and loan tenure to know the EMI. Here are the steps to calculate IDBI Bank personal loan EMI using an EMI calculator online.
- Step 1: Select EMI Calculator link from dropdown list of Calculators on Afinoz.com or directly click on this link.
- Step 2: Type loan amount or use the slider, under the loan amount, to select the loan amount you want to apply for.
- Step 3: Likewise, use the slider to select the interest rate charged by IDBI Bank.
- Step 4: In the next step, use the slider to choose the loan repayment tenure under the ‘Loan Tenure’ section.
Once you finish the entry of IDBI Bank personal loan components, you will then be able to see a detailed breakdown of your EMI, total interest payable and total amount payable. You can also go through the amortization table which will help you view the detailed repayment schedule.