TATA Capital Personal Loan EMI Calculator

Tata Capital Personal Loan EMI Calculator

The Tata Capital Personal Loan EMI Calculator helps you estimate your monthly repayment obligations for a personal loan based on key factors like loan amount, interest rate, and tenure. It offers a quick and efficient way to plan your budget before applying for a loan.

How the Tata Capital Personal Loan EMI Calculator Works

This calculator uses the standard EMI formula:

EMI = [P × R × (1 + R)^N] / [(1 + R)^N – 1]

• P: Principal loan amount
• R: Monthly interest rate (annual interest rate ÷ 12 ÷ 100)
• N: Loan tenure in months

By inputting these values, the calculator instantly shows your monthly EMI and the total interest payable over the tenure.

Key Inputs

• Loan Amount: The total amount you wish to borrow from Tata Capital. Typically ranges from ₹75,000 to ₹35 lakh.
• Interest Rate: Tata Capital offers personal loan interest rates starting from 10.99% p.a. (as of Q1 FY 2024–25).
• Loan Tenure: Choose a repayment period between 12 to 72 months.
• Processing Fee (optional): For more precise calculations, include this if applicable. Tata Capital typically charges up to 2.75% of the loan amount.

Example

If you borrow ₹5 lakh at an interest rate of 11.5% p.a. for 4 years (48 months):

• EMI: ₹13,036
• Total Interest: ₹1,25,728
• Total Payment: ₹6,25,728

This breakdown helps you understand both the monthly and total cost of borrowing.

Benefits of Using the EMI Calculator

• Instant results: Calculate EMIs within seconds
• Accurate planning: Know your monthly financial commitment
• Interest comparison: Adjust rates to explore different EMI outcomes
• No guesswork: Get a reliable estimate before applying

Disclaimer : The results given by the above calculator are for illustration purpose only. They are often based on a number of assumptions. The results given are in no way any guarantee of the returns that will be given. Investments in stock markets and securities markets are subject to market risks and other risks. There is no guarantee of the return that will be actually given. Investment in other financial products may also be subject to market risks and other risks. There is no guarantee of the returns that will be given by them. The calculator also does not make any recommendation directly or indirectly. Please consult a registered Financial Advisor before taking any investment decision.