Personal loan

Plan Your Big Expenses This New Year With A Personal Loan EMI Calculator – The New Indian Express

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The start of the year is also a great time to plan your home improvement, buy a car, organize funds for a big wedding, take courses to develop yourself professionally, and achieve other goals in 2022.

Managing all of these expenses can eat into your savings. However, by taking out a loan intelligently, you can easily meet all of your monetary needs. A personal loan does not require you to risk assets for funds and has simple eligibility criteria to meet. When you find a suitable personal loan, apply online to save time and be more convenient.

Use a Personal Loan EMI Calculator to calculate Personal Loan EMI and plan your loan with ease. It helps you calculate your monthly payments based on the loan amount and duration, so that you have an affordable experience. Using a personal loan IME calculator, you can also compare and choose the best loan deal as it shows you how a small change in interest rate affects your IMEs.

Read on to find out how a personal loan helps cope with big expenses this new year.

Book the perfect family vacation with a big penalty

In this New Year, start planning your vacation and do it without any financial restrictions. You can access a significant penalty with a personal loan, up to Rs.25 lakh. This makes it possible to plan an extravagant vacation, whether to incredible destinations in the hills, tropical beaches, places frequented by tourists, or places off the beaten track. Plus, you don’t use up your savings by borrowing smart. The sanction can be used to cover all of your travel costs without restrictions.

Qualify easily and give your home a new look

You may be considering remodeling and renovating your home as the New Year approaches. Whether it’s a shiny new coat of paint, new fixtures for your home, or a complete living room overhaul, you can easily fund all of these ventures. This is because you don’t have to jump through hoops to qualify. All you have to do is meet some simple criteria, which are usually:

  • You must be an Indian citizen between the ages of 21 and 67 *.
  • You must work in a private or public company, or a multinational
  • You must have a CIBIL score of at least 750
  • You must maintain city-specific income requirements

Receive a same-day payout and fund a big wedding

A smart way to prepare for the special day is to obtain funds through a personal loan effortlessly. Financial issues while preparing for the wedding are a major drawback, but with the right lender, you can avoid this problem altogether. You can even get same-day disbursements from leading lenders, making it a smart choice even if you have last-minute expenses that you weren’t ready to. Plus, with 24-hour disbursement *, you never have to delay or postpone a payment. This means you can lock down any vendors you want, make prepayments, or handle other issues with ease.

Consolidate high interest debt and pay lower interest

Stepping into the New Year to pay off your debt is a good resolution. With the right personal loan, you can make it happen. Some lenders offer competitive personal loan interest rate offers and allow you to choose a term of up to 5 years. So, if you are servicing a high interest rate debt, you can opt for a low interest personal loan and consolidate it at a lower cost. Using a personal loan interest calculator, you can choose terms that work for you and manage repayment stress-free.

Today, applying for a personal loan has become very easy, especially with features like the EMI personal loan calculator. You can compare the penalty and the monthly payments with the interest rate and the term and choose the best lender. For example, with a Bajaj Finserv personal loan, you can get a large penalty of up to Rs.25 lakh to finance your big expenses.

By meeting a few eligibility criteria, you can receive the loan amount in your account in no time. If a situation affects your savings or cash flow, you can reduce your IMEs by up to 45% with the Flexi feature. You also get a long term of 5 years for repayment. Without further ado, check your pre-approved offer and apply online.

* Conditions apply

Read also: –

Give Your Home a New Look With Bajaj Finserv Home Renovation Loan

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Warning: This content is distributed by Bajaj Finserv Ltd. No journalist from the TNIE group is involved in the creation of this content.