Plan your repayment better with Fullerton India Personal Loan EMI calculator

Plan your repayment better with Fullerton India Personal Loan EMI calculator

With the looming financial crisis, due to the Covid-19 pandemic and subsequent economic slowdown, the demand for personal loans has increased substantially among salaried individuals and small business owners. Personal loans are comparatively easier to avail of due to their unsecured nature and hassle-free documentation, which makes them ideal for covering a wide range of expenses.

However, it is imperative to use the online EMI calculators available on the lender's website to determine the expected interest on the loan and build a smart repayment strategy accordingly.

Personal Loans from Fullerton India

Personal loans from Fullerton India can meet all your financial requirements with swift access to large loan amounts. You have the freedom to cover the cost of a wedding, pay for college fees, medical treatment, or even travel.

However, it is always wise to analyse your needs and a repayment plan before opting for a personal loan. This is where a personal loan EMI calculator comes into the picture to help you manage your financial needs. It helps you ascertain your equated monthly instalments instantly, and the best part is that you can alter the variable until you come with an EMI that works for you.

What is a Personal Loan EMI Calculator?

The personal loan EMI calculator is a simple and easy platform to ascertain a manageable EMI with a reasonable interest rate and flexible loan tenure. The equated monthly instalment (EMI) is measured on three components — loan amount, repayment tenure, and interest rate.

It is crucial to understand that the loan amount and repayment timeline depend on your repayment capacity, and the interest rate is calculated based on your eligibility.

How to use Fullerton India EMI Calculator?

Enter a loan amount that you need. It can be any amount up to Rs. 25 lakhs.

Select a loan tenure within which you are confident of repaying the loan amount. You have the flexibility of choosing from 12 to 60 months.

Choose an interest rate starting at 11.99%.

You can drag the sliders to adjust all three components mentioned above.

The best part about the personal loan EMI calculator is that you can try multiple combinations until you come up with a convenient EMI option.

So, if you want Rs. 15 lakh as a loan at an interest rate of 11.99%, and repay the amount in 48 months, the payable EMI amount will be Rs. 39,493. In case you are not satisfied with the EMI, you can change the loan amount and interest rate until you reach your preferred amount to pay every month.

Choose a Comfortable Repayment Tenure

Personal loans from Fullerton India include a flexible repayment tenure of up to 60 months. Choose a tenure after carefully looking at your monthly expenses to avoid debt traps. For instance, if you have other financial commitments that can potentially cause on-time payment inability, you may want to choose a longer tenure.

However, higher net interest will be payable in longer tenures. Upon choosing a shorter timeline, the EMI amount will automatically increase. So, choose wisely.

Make your Mind on the Principal Amount

Another great thing about a personal loan EMI calculator is that you can adjust the principal value to arrive at an affordable EMI. It is crucial to understand that the principal amount and EMI amount are co-dependent. For instance, changes in principal amount mean changes in EMI amount and vice-versa. You can also use the personal loan eligibility calculator to get an idea of the maximum personal loan amount you may be eligible to get.

Advantages of Calculating EMI before Taking a Personal Loan

It helps you understand how much exactly you can afford to borrow as the loan amount.

You can select an optimum repayment tenure based on your monthly budget

How to use Fullerton India Personal Loan?

Here are some of the reasons to take personal loans from Fullerton India:

Education: Personal loans can be used to meet all educational needs like semester fees, travel expenses, accommodation expenses, etc. 

Medical treatment: You can conveniently access quality healthcare for yourself and your loved ones by availing of a personal loan.

Home renovation: Repairing a door, window, ceiling or completely repainting your house is easy with a home-renovation loan (personal loan). 

Second-hand car: You can achieve your dream of owning your card by getting a personal loan with a flexible interest rate and tenure.

Wedding Cost: You can avail of a personal loan to cover the cost of your wedding or the wedding of your loved ones.


You can utilise the EMI calculator online to opt for loans that meet your financial requirements. With market-driven competitive interest rates and flexible repayment tenure, the Fullerton India personal loans can be your financial back-up for every contingency and significant expenses. 
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