Asked By: Sean Ward Date: created: Aug 15 2022
What is the EMI for 20 lakhs personal loan
Answered By: Joshua Collins Date: created: Aug 16 2022
Formula of Calculation of EMILoan amountInterest RateEMI per month5 Lakh8.35%Rs.
6,15910 Lakh8.50%Rs.
9,84715 Lakh8.60%Rs.
13,11220 Lakh8.70%Rs.
17,610.
Asked By: Francis Collins Date: created: Dec 14 2022
How can I get personal loan without salary slip
Answered By: Christian Baker Date: created: Dec 17 2022
To help you get the funding you desire without proof of employee wages, here are 5 tips to obtain a personal loan without a salary slip.Produce an Alternate Proof of Income. … Maintain a Healthy Credit Score. … Offer to Pledge an Asset as Security. … Sign up for Funding with a co-applicant.More items…
Asked By: Morgan Harris Date: created: Dec 25 2022
How much loan can I get on 27000 salary
Answered By: Dominic Foster Date: created: Dec 27 2022
With a salary of ₹ 27,000, the maximum amount for which he is eligible is ₹ 5.93 Lakh. The interest he has to pay for this amount for 60 months is 12.99%.
Asked By: Caleb Griffin Date: created: Sep 12 2022
Can I get personal loan if my salary is 20000
Answered By: Benjamin Scott Date: created: Sep 13 2022
You can get the loan without having to submit any security. Most banks stipulate a minimum monthly salary of INR 15,000 – INR 20,000 for individuals to get a personal loan. However, those earning less than INR 15,000 can also get the loan.
Asked By: Jordan Garcia Date: created: Jul 10 2022
How much personal loan can I get if my salary is 15000
Answered By: John Baker Date: created: Jul 10 2022
HDB Financial Services offers personal loans of up to Rs. 20 lakh to individuals who earn a minimum income of Rs. 15,000.
Asked By: Jayden Simmons Date: created: Feb 10 2023
Can I get personal loan if my salary is 12000
Answered By: Noah Patterson Date: created: Feb 13 2023
12,000, you may need to convince the lender about other sources of income that may help you cover your loan repayment. If you are looking to avail a Bajaj Finserv Personal Loan, you can start by sharing your basic details in the pre-approved loan form and checking if you have an offer.
Asked By: Hunter Roberts Date: created: Dec 03 2022
What is the eligibility for personal loan
Answered By: Gabriel Flores Date: created: Dec 05 2022
Your monthly income to get a personal loan should be at least ₹ 25,000. However, some banks give loans to individuals with salary less than ₹ 25,000. Banks also follow a different limit to calculate the ratio of your fixed obligations to your monthly income.
Asked By: Noah Bryant Date: created: Feb 24 2023
How much are payments on a $10000 loan
Answered By: Wyatt Gonzales Date: created: Feb 24 2023
When you take out a personal loan, two notable factors that will impact your loan payment include the loan term and APR….How your loan term and APR affect personal loan payments.Your payments on a $10,000 personal loanMonthly payments$201$379Interest paid$2,060$12,7125 more rows
Asked By: Mason Russell Date: created: Aug 18 2022
How much are payments on a 15000 car
Answered By: Chase Rogers Date: created: Aug 19 2022
$15,000 Car Loan. Calculate the Monthly Payment.Monthly Payment$354.00Total Interest Paid$1,991.87Total Paid$16,991.87
Asked By: Michael Garcia Date: created: Apr 25 2023
What is cc limit
Answered By: Louis James Date: created: Apr 25 2023
Cash credit limit or CC limit is a kind of current account with cheque book facility. … The cash credit limit loan in Delhi or CC limit is the maximum amount that you can overdraw from bank. However the drawing limit is specified by the bank. Borrower has to pay interest on utilized amount only, not on limit sanction.
Asked By: Philip Sanchez Date: created: Nov 09 2022
Which type of loan is cheapest
Answered By: Francis Cook Date: created: Nov 10 2022
To know which type of loan is cheapest in India, we are showing some of the top secured loans so that you can make the decision….Car Loan Interest Rates of Top Lenders.Car Loan LenderInterest Rate (in per annum)ICICI Bank9.30% – 12.85%HDFC Bank7.70% – 13.55%Bank of India7.35% – 7.95%IDBI Bank8.10% – 8.70%6 more rows
Asked By: Logan Hernandez Date: created: Jul 11 2022
What is the minimum salary for personal loan
Answered By: Simon Phillips Date: created: Jul 12 2022
The minimum salary for a personal loan for salaried individuals is INR 25,000 per Month (for residents of Mumbai and Delhi) or INR 20,000 per Month (for all other locations).
Asked By: Richard Wilson Date: created: Feb 25 2022
How much personal loan can I get if my salary is 40000
Answered By: Hugh Henderson Date: created: Feb 28 2022
On the other hand, if you are wondering – how much personal loan can I get on a 40,000 salary, the loan sanction amount will be close to Rs. 10.80 lakhs….Multiplier Method.SalaryExpected Personal Loan AmountRs. 40,000Rs. 10.80 lakhsRs. 50,000Rs. 13.50 lakhsRs. 60,000Rs. 16.20 lakhs2 more rows•Apr 8, 2020
Asked By: Dennis Russell Date: created: May 17 2022
How much would a 20 000 loan cost per month
Answered By: Nathaniel Cooper Date: created: May 18 2022
For instance, using our loan calculator, if you buy a $20,000 vehicle at 5% APR for 60 months the monthly payment would be $377.42 and you would pay $2,645.48 in interest.
Asked By: Walter Rivera Date: created: Jan 26 2022
What is the EMI for 10 lakhs home loan
Answered By: Alejandro Morris Date: created: Jan 28 2022
EMI Calculation for a Home Loan of Rs. 10 Lakh with Different TenorsLoan AmountEMI when Tenor is 10 YearsEMI when Tenor is 15 YearsRs. 10,00,00013,21510,746
Asked By: Herbert Bailey Date: created: Jul 09 2022
Which bank gives loan easily
Answered By: Bruce Parker Date: created: Jul 09 2022
Comparison of Best Personal Loan Providers in IndiaName of the LenderLoan AmountInterest Rate (p.a.)State Bank of India (SBI)Up to Rs. 20 lakh.9.60% onwardsHDFC BankUp to Rs. 40 lakh.10.75% onwardsICICI BankUp to Rs. 20 lakh.11.25% onwardsAxis BankUp to Rs. 15 lakh.12% onwards4 more rows•Nov 19, 2020
Asked By: Kyle Lee Date: created: Dec 30 2022
How is loan amount calculated
Answered By: Simon Miller Date: created: Dec 31 2022
The mathematical formula for calculating EMIs is: EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P stands for the loan amount or principal, R is the interest rate per month [if the interest rate per annum is 11%, then the rate of interest will be 11/(12 x 100)], and N is the number of monthly instalments.
Asked By: Cyrus Jenkins Date: created: Jul 31 2022
What credit score is needed for a 20000 loan
Answered By: Gavin Turner Date: created: Aug 03 2022
Personal loan applicants with a FICO credit score of 670 or higher, you may have a good shot at getting a $20,000 personal loan with a favorable rate and loan term.
Asked By: Samuel Russell Date: created: Jan 08 2023
How much loan can I get if my salary is 24000
Answered By: Benjamin Moore Date: created: Jan 11 2023
Based on the information provided by the applicant, bank will calculate his eligibility using eligibility calculator. With a salary of ₹ 24,000, the maximum amount for which he is eligible is ₹ 5.89 Lakh. The interest he has to pay for this amount for 72 months is 9.60%.
Asked By: Dominic Butler Date: created: Aug 01 2022
How much personal loan can I get if my salary is 25000
Answered By: Christopher Johnson Date: created: Aug 04 2022
For instance, if your monthly income, inclusive of all deductions, is within Rs. 20,000 – Rs. 25,000, chances are the loan EMI amount wouldn’t exceed Rs. 12,500, which is about 50% of your monthly income.
Asked By: Carlos Perez Date: created: Nov 11 2022
Which type of loan is best
Answered By: Charles Miller Date: created: Nov 12 2022
Unsecured personal loans. Personal loans are used for a variety of reasons, from paying for wedding expenses to consolidating debt. … Secured personal loans. … Payday loans. … Title loans. … Pawn shop loans. … Payday alternative loans. … Home equity loans. … Credit card cash advances.More items…•Jan 11, 2021
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