Instant Loan on Credit Card Calculator

The Instant Loan on Credit Card calculator simplifies your financial commitments by providing a clear estimate of your monthly loan payments. By inputting key details such as the loan amount, tenure, and interest rate, you can quickly determine your Equated Monthly Installments (EMI) and effective Annual Percentage Rate (APR).

Loan Amount (`)
`
Loan Amount in between 25k to 15lakhs
ROI (p.a)
%
ROI in between 10.8% to 24%
Tenure (Months)
Tenure between 12 to 48 (Month)
APR
EMI `

How to use Instant Loan on Credit Card Calculator?

  • Loan amount: Please enter the loan amount you wish to borrow (Rs. 25,000 – Rs.15,00,000).
  • Interest rate (p.a): Please enter the annual rate of interest (ROI) without the percentage sign.
  • Tenure: Please enter the tenure (12/24/36/48 months).
  • After you enter the details mentioned above, the calculator will instantly calculate the EMI and the applicable APR for your loan.

What is an APR?

APR, or Annual Percentage Rate, represents the total annual cost of borrowing, which depends on various factors like interest rate, processing fee, etc. The APR is provided for your convenience to help compute the annual cost of credit, excluding GST.