Personal Loan EMI Calculator - Kotak Mahindra Bank 2021

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Personal Loan EMI Calculator - Kotak Mahindra
Bank 2021
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Kotak Mahindra Bank Personal Loan EMI Calculator

• The EMI Calculator is a free tool designed to
  calculate the monthly EMI outflow, by putting the
  details of the loan amount, loan tenure, and
  interest rate. The details presented by the
  Calculator is accurate which assists in
  evaluating the loan amount which an applicant is
  required to apply for. EMI is the sum of interest
  as well as principal amount, payable monthly
  towards repayment of the debt amount. 

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Personal Loan EMI Calculator results for
different tenures
Kotak Mahindra Personal Loan at 11.29      
Loan Amount 1 year 2 year 5 year
Rs 1,00,000 Rs 8,851 Rs 4,674  Rs 2,188
Rs 2,00,000 Rs 17,703 Rs 9,348 Rs 4,377
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Factors affecting Kotak Mahindra Bank EMI

• Interest Rate  The total cost of the loan and
  EMI is affected by a higher interest rate. Kotak
  Mahindra Bank offers Personal loans at 11.29
  p.a. It is advisable to do a thorough analysis of
  interest rates before applying for a loan.
• Loan Tenure  Kotak Mahindra Bank 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.  Kotak Mahindra Bank offers a maximum loan
  amount of Rs 15 lakh.

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Kotak Mahindra Bank Personal Loan EMI Calculator
- Features and Benefits

• 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. 
• 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. 
• 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.
• 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.
• 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

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How to use Afinoz Personal Loan EMI Calculator

• Using Personal loan EMI Calculator at Afinoz is
  quite simple and can be easily made use of even
  by the first- time user. Afinoz is a marketplace
  for users to compare and shop for the best loans
  under one umbrella. The interest rates offered
  are affordable, with easy application through the
  website and the app. 
• Visit the website www.afinoz.com and go to the
  section of the EMI calculator. Compute the
  details and get results within a fraction of
  seconds. The EMI Calculator is simple to use and
  gives you the details, without putting up much
  effort. The accuracy of the data is noteworthy
  and can be made use of in figuring out the future
  requirement of applying for the loan amount.

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Thank you

• www.afinoz.com