Calculate your Muthoot Personal Loan EMI easily with the Personal Loan calculator
The Muthoot Finance personal loan equated monthly instalment (EMI) calculator at Bajaj Markets helps you calculate your total EMI outflow within a few seconds. There are several advantages to using this tool. This article will help you explore all of them and will also take you through all the variables that will affect your Muthoot Finance personal loan EMI.
Here are a few Muthoot Finance personal loan EMI amounts that would be payable based on an interest rate of 13.79% for various repayment tenors:
Loan Amount |
2 years |
3 years |
5 years |
₹1 Lakh |
₹4,791 |
₹3,408 |
₹2,316 |
₹5 Lakhs |
₹23,957 |
₹17,038 |
₹11,580 |
₹10 Lakhs |
₹47,914 |
₹34,076 |
₹23,160 |
You can pay your Muthoot Finance personal loan EMIs in the following ways:
ECS (Electronic Clearance System): The ECS system will help you make quick and easy repayments without having to go through a lot of paperwork.
Standing Instruction: Standing instructions mean that you can instruct the bank to pay a fixed amount of money at regular intervals to a particular part. This is one way in which you can pay off your personal loan and ensure that you do not miss a single payment.
Cheques: If none of the above-mentioned methods work for you, you can simply submit the cheque at your nearest Muthoot Finance branch to pay your personal loan EMI.
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
Applicants should calculate the EMI payable on Muthoot Finance Personal Loans before taking the loan so that they may determine whether they will be able to pay it off with their existing income and in addition to prior financial obligations.
Yes, you can have a co-applicant while applying for a Personal Loan with Muthoot.
Yes, in order to reduce the interest rate, you can pay more than the EMI.
You can pay the EMIs through the ECS (Electronic Clearance System), Cheque, Standing Instruction / Debit Mandate.