| Home Credit Personal Loan – Interest Rate & Features – Nov 2021 | |
|---|---|
| Interest Rate | Starting from 2.00% per month |
| Loan Amount | Up to Rs. 2.4 Lakh (Existing Customers) Up to Rs. 2 Lakh (Non-Home Credit Customers) |
| Loan Tenure | 9 to 51 months (Existing Customers) 6 to 48 months (Non-Home Credit Customers) |
Also, what is the interest on 50000 loan?
Calculated Monthly EMI for 50000 of loan amount for 3 years at various rate of Interest :
| Loan Amount | Rate of Interest | Per Month EMI |
|---|---|---|
| 50000 | 14.00% | Rs. 1,709 |
| 50000 | 15.00% | Rs. 1,733 |
| 50000 | 16.00% | Rs. 1,758 |
| 50000 | 18.00% | Rs. 1,808 |
The EMI flat-rate formula is calculated by adding together the principal loan amount and the interest on the principal and dividing the result by the number of periods multiplied by the number of months.
Moreover, what is the maximum finance amount offered by home credit?
What is the minimum and maximum loan amount offered by Home Credit India?
| Minimum Loan Amount | Maximum Loan Amount | |
|---|---|---|
| Existing Home Credit Customers | ₹ 10,000 | ₹ 2,40,000 |
| New to Home Credit Customers | ₹ 25,000 | ₹ 2,00,000 |
What is the interest of 5 lakh in SBI?
State Bank of India Fixed Deposit Returns Based on Investment Amount
| Investment Amount | For 3 years with interest of 5.3% | For 5 years with interest of 5.4% |
|---|---|---|
| ₹ 50,000 | ₹65134 | ₹65459 |
| ₹ 1 lakh | ₹130267 | ₹130917 |
| ₹ 2 lakh | ₹260534 | ₹261834 |
| ₹ 5 lakh | ₹651335 | ₹654586 |
How much loan I can get if my salary is 25000?
25,000, you can avail as much as Rs. 18.64 lakh as a loan to purchase a home worth Rs. 40 lakh (provided you have no existing financial obligations.)
What is the interest of 3 lakh in SBI?
SBI Personal Loan EMI for ₹ 3 Lakh
| Loan Amount | Interest Rate | Tenure(Year) |
|---|---|---|
| ₹ 3,00,000 | 9.60% | 1 |
What is the interest on 1 lakh loan?
1 Lakh Personal Loan Interest Rates 2021
| Banks | Interest Rates |
|---|---|
| HDFC Bank | 10.99 – 20.75% |
| ICICI Bank | 11.70 – 18.85% |
| Bajaj Finserv | 11.99 – 16.00% |
| Fullerton India | 14.00 – 33.00% |
What is the EMI for 3 lakhs personal loan?
Calculated Monthly EMI for 300000 of loan amount for 3 years at various rate of Interest :
| Loan Amount | Rate of Interest | Per Month EMI |
|---|---|---|
| 3 Lakh | 14.00% | Rs.10253.29 |
| 3 Lakh | 15.00% | Rs.10399.6 |
| 3 Lakh | 16.00% | Rs.10547.11 |
| 3 Lakh | 18.00% | Rs.10845.72 |
What is the rate of interest charged on personal loan?
Current Interest Rate on Personal Loans
| Bank | Interest Rate (p.a.) | Processing Fee |
|---|---|---|
| HDFC Bank | 10.5% p.a. – 21.00% p.a. | Up to 2.50% |
| Yes Bank | 13.99% p.a. – 16.99% p.a. | Up to 2.50% |
| Citibank | 9.99% p.a. – 16.49% p.a. | Up to 3% |
| Kotak Mahindra Bank | 10.25% and above | Up to 2.5% |
How much home loan can I get on 40000 salary?
How much home loan can I get on my salary?
| Net Monthly income | Home Loan Amount |
|---|---|
| Rs.25,000 | Rs.18,64,338 |
| Rs.30,000 | Rs.22,37,206 |
| Rs.40,000 | Rs.29,82,941 |
| Rs.50,000 | Rs.37,28,676 |