SBI Personal Loan: have become one of the most popular ways to manage big expenses, whether it’s funding a wedding, higher education, medical emergencies, or even home renovations. If you are planning to take a ₹35 lakh personal loan from SBI (State Bank of India), understanding your EMI (Equated Monthly Installment) and the salary requirement … Read more
Axis Bank Personal Loan EMI: If you’re planning to take a personal loan, one of the biggest questions is – how much EMI will you pay every month? Many people explore Axis Bank Personal Loan options, especially for larger amounts like ₹20 lakh, which can cover big expenses such as home renovation, wedding, higher education, or … Read more
Introduction When unexpected expenses arise—whether it’s medical bills, wedding costs, higher education, or home renovation—personal loans become a go-to option for many. Among the most trusted banks in India is State Bank of India (SBI), which offers affordable personal loans with flexible repayment terms. In this blog, we’ll break down: This guide is written in … Read more
HDFC Personal Loan: अचानक बड़े खर्च — बच्चों की पढ़ाई, घर की मरम्मत या शादी — आने पर Personal Loan सबसे तेज़ समाधान बन सकता है। HDFC Bank तेज प्रोसेसिंग और भरोसेमंद सर्विस के लिए जाना जाता है। पर क्या आप सोच रहे हैं — ₹15 लाख का लोन लेने के लिए कितनी Salary चाहिए … Read more
आज के समय में अचानक बड़े खर्च आना सामान्य बात है — बच्चे की पढ़ाई, घर की मरम्मत, शादी-व्याह या मेडिकल इमरजेंसी — ऐसे में Personal Loan अक्सर पहला विकल्प बन जाता है। ICICI Bank की Personal Loan सुविधा तेज़ और आसान प्रक्रिया के कारण लोकप्रिय है। लेकिन सवाल वही है: अगर आप ₹10,00,000 (₹10 … Read more
अगर आपको अचानक बड़ी रकम की जरूरत पड़ जाए तो पंजाब नेशनल बैंक (PNB) का Personal Loan एक अच्छा विकल्प हो सकता है। यह बैंक नौकरीपेशा ग्राहकों को बिना ज्यादा झंझट के लाखों रुपये तक का पर्सनल लोन देता है। लेकिन अगर आप ₹10 लाख जैसी बड़ी राशि लेना चाहते हैं, तो सबसे पहले यह … Read more
आज के समय में Personal Loan सबसे आसान फाइनेंशियल सॉल्यूशन बन चुका है। चाहे शादी हो, घर का रेनोवेशन, मेडिकल इमरजेंसी या कोई और बड़ा खर्च – लोग Personal Loan लेना पसंद करते हैं। लेकिन, लोन लेने से पहले सबसे ज़रूरी है यह समझना कि ₹10 लाख के Personal Loan पर आपकी EMI कितनी होगी? … Read more
What is EMI? EMI (Equated Monthly Installment) is the fixed amount you pay every month to repay your loan. It includes: Formula for EMI: EMI=P×R×(1+R)N(1+R)N−1EMI = \frac{P \times R \times (1+R)^N}{(1+R)^N – 1}EMI=(1+R)N−1P×R×(1+R)N Where: Example: EMI on ₹11 Lakh Loan for 7 Years Let’s assume the interest rate is 11% per annum. Monthly EMI ≈ … Read more
What is an EMI? EMI (Equated Monthly Installment) is the fixed monthly payment that you make to the bank or financial institution until your loan is fully repaid. It includes two components: The EMI remains constant throughout the tenure, but in the initial months, a larger portion goes towards interest, while in later months, a … Read more
What is EMI in a Personal Loan? EMI (Equated Monthly Installment) is the fixed amount you pay every month until the loan is fully repaid. It includes two parts: By spreading the repayment across 60 months (5 years), EMIs make repayment easier without putting excessive burden on your monthly income. How EMI is Calculated for … Read more