Title: All about an education loan EMI calculator
1Slide 1
All about an education loan EMI
calculator
Auxilo Education Loans - Empowering Your Dreams!
2An education loan EMI calculator is an excellent
tool that helps you keep a track of the EMIs you
are paying every month. Instead of the
conventional way where you are supposed to
manually apply the EMI formula and do all your
calculations based on that formula, you make use
of these calculators. This will help you
increase efficiency as EMI calculators take just
a couple of seconds to give you the results. It
is not at all complicated, as it is designed in
such a way that anyone can use it.
3Here is how you go about using an education loan
EMI calculator
First, the EMI calculator needs to make use of
the following details for calculating the
results. You just have to fit in these details
that the calculator requires, and you will get
the results in no time! Principal amount The
first amount you need to punch in would be the
principal amount of the loan that you want to
apply for. Rate of interest After that is
done, you are required to enter the amount of the
interest rate that is applicable on your
education loan. Duration of the loan The last
bit is to add the duration that you have taken
for your education loan, which is usually for a
period of 5 to 10 years. But since there are a
lot of loan options for the students to choose
from, the duration can even go up to 15 years.
4For More info visit-
- Website - https//www.auxilo.com/education-loan-ca
lculators/emi-calculator - Facebook www.facebook.com/AuxiloFinserve/
- Twitter https//twitter.com/AuxiloFinserve
- Youtube https//www.youtube.com/channel/UClc_BEI
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5THANK YOU!!