IIFL Personal Loan EMI Calculator

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IIFL Personal Loan EMI Calculator 2021
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Description

• For your various monetary requirements where
  savings also fall short at times, Personal loans
  are the way out acting as a great resource. You
  can avail of personal loans from IIFL for your
  various needs like planning a dream wedding,
  going to an exotic vacation, renovating the home,
  situations of a medical emergency, for higher
  studies, etc. IIFL offers personal loans to a
  maximum amount of Rs 25 lakh, ensuring it is
  disbursed to you within 8 hours of the loan
  application. IIFL offers a flexible repayment
  tenure from 12 to 60 months for the applicant to
  choose from. IIFL offers personal loans at an
  affordable and convenient personal loan with EMIs
  as low as Rs 2,275 per lakh for a 60-month tenure
  at 12.99.

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IIFL Personal loan EMI Calculator

• Before applying for a personal loan, it is
  critical to consider the income sources and
  current commitments to analyze how much loan
  amount should be taken ensuring timely repayment
  of EMIs. By computing the interest rate, loan
  amount, and tenure on the Personal Loan EMI
  Calculator of the IIFL portal, you can get an
  estimate of your monthly repayment of the debt
  amount. You can also figure how much loan amount
  you can be eligible for if you are associated
  with a reputed MNC or if you are a Government
  Employee.

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Factors affecting IIFL Personal Loan EMI

• Interest Rate  For salary account holders, the
  IIFL interest rate can be lower than their quote
  rates, thereby reducing the overall cost of loan
  and EMI. The total cost of the loan and EMI is
  affected by a higher interest rate. IIFL offers
  Personal loans at 12.99 p.a. It is advisable to
  do a thorough analysis of interest rates before
  applying for a loan.
• Loan Tenure  IIFL offers the loan for a maximum
  tenure of 60 months. Lowering of personal loan
  EMI is dependent on longer tenure.
• Loan Amount  Higher loan amount invites higher
  EMI.  IIFL offers a minimum loan of Rs 50,000
  which can go up to Rs 25 lakh.

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IIFL Personal Loan EMI Calculator - Features and
Benefits

• Time Saver- Manual calculation of the EMI would
  take much time posing chances of incorrect
  details at times. Using EMI Calculator will
  reduce the task to friction of seconds. It is
  more suitable in deriving a correct estimate.
• Accuracy  The result displayed by the EMI
  Calculator on computing details like loan amount,
  loan tenure, and interest rate, will be accurate.
  This may not be possible in case of manual
  calculation.
• 24/7 availability  There is no restriction on
  using the EMI Calculator as many times one wants.
  An applicant can check the details by computing
  the loan amount, interest rate, tenure and figure
  out by analyzing how much loan is required. It
  allows to adjust the details and check which one
  is working for you.
• Graphical representation of data- The role of EMI
  Calculator is not restricted to mere providing
  data. The graphical representation of the data,
  make the individual aware of the gradual payment
  which they are going to make towards the loan
  amount.
• The EMI Calculator does the calculations for you
  within minutes, giving an estimate of monthly
  outflow of debts. Let us find out the benefits of
  using a personal loan EMI Calculator. 

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IIFL Personal loan interest rate

• IIFL offers personal loans at an interest rate of
  12.99 p.a. The process of applying for the loan
  is easy, convenient and hassle-free. There is
  complete transparency with no hidden terms and
  conditions. The various factors which influence
  interest rates of personal loan are credit score,
  employer of the applicant,  income of the
  applicant, age, etc.

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How to apply for a personal loan with the bank

• Applying for personal loans has been made quite
  convenient for users. Individuals can either
  visit the bank or apply for the loan by visiting
  the portal. Online application of loans, require
  filling up of complete application form, along
  with submission of required documents.For users
  whose e-KYC has been done the need to submit
  Identity and address proof gets waived off. For
  others, the guideline to submit the required
  documents needs to be followed. 

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THANK YOU 

• www.afinoz.com