Tag Archives: sbp personal loan eligibility calculator

State Bank of Patiala Personal Loan EMI Calculator December 2017

(Updated on 08.12.17) Personal Loans are always the best option to opt for, it makes life convenient to meet any unexpected expenses, be it a short-term or long-term financial needs. As there is no restrictions on the end use of personal loan, loan amount can be used for such as personal financial emergencies, any fancy spending free, meeting your daughter’s wedding, home renovation and home extension expenses and to meet any other high expenses. State Bank of Patiala Personal Loan is one the best-in-class personal which comes with several benefits and features to meet all your personal requirements at any point of time.

  • Affordable personal at floating rates of interest:

1) Interest rate of 12.50% (Where check off facility is available)

2) Interest rate of 14.50% ( for all other categories borrowers)

  • Processing Fee of 1.01% of the Loan amount.

  • Nil foreclosure charges.

  • Minimum loan amount of 1 lakh and maximum loan amount of Rs. 10 lakhs.

  • Maximum loan tenure of 60 months.

  • No collateral security is required.

STATE BANK OF PATIALA – QUICK, EASY & INSTANT APPROVAL ONLINE

Professional Details
Loan Amount
Occupation
Yearly Income
City
Disclaimer: We do not provide Personal Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

State Bank of Patiala personal loan EMI calculator is the easy tool to use. Personal Loan EMI calculator helps you to assess whether you will be able to repay back your loan amount or not. You just need to enter the desired personal loan amount, the loan tenure in months, and the interest rate (current interest rates). The EMI calculator will automatically calculate your total payable amount of the loan taken including interest rates, your monthly payment and also the total payable interest. Steps to follow:

Step 1: Enter the loan amount. For e.g. Rs. 1,00,000/-

Step 2: Enter the interest rate (current interest rate). For e.g.: 14.50%

Step 3: Enter the loan tenure in months, i.e. for how many months you want to avail the loan. For e.g. 60 months.

The moment you click the ‘calculate’ button you will get all the details at one place. You will come to know your monthly EMI, total amount with interest, flat interest rate per annum, flat interest rate per month, total interest amount and Yearly interest amount. This will help you to take the right decision at right point of time to avail a perfect and comfortable personal.

What is Personal Loan EMI?

EMI is the short form of ‘Equated Monthly Installment’. EMI is the total amount which is payable per month at the bank on the loan amount availed by you. EMI is payable every month untill unless you fully repay your loan amount. EMI is consists of a portion of the principal loan amount and the interest due on the loan. EMI depends on the principal loan amount, personal loan interest rate and tenure of personal loan.

State Bank Of Patiala Personal Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Personal loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

SBP Personal Loan EMI Calculator- EMI Chart

State Bank Of Patiala Personal Loan at the lowest EMI of Rs.2,353 . Compare and get the preferred personal loan at your earliest.

Loan Amount

(Rs)

Loan Tenure

(Yrs)

Interest Rate

(PA)

Monthly EMI

(Rs)

Total Int.

Outgo(Rs)

Total Amount

(Rs)

1,00,000

1

14.50%

9,002

8,027

1,08,027

1,00,000

2 14.50%

4,825

15,799

1, 15,799

1,00,000 3 14.50%

3,442

23,916

1,23,916

1,00,000

4 14.50%

2,758

32,374

1,32,374

1,00,000

5

14.50%

2,353

41,170

1,41,170

SBP Personal Loan FAQs.

1) What is the maximum loan one can get from state bank of patiala?

State Bank of Patiala offers Personal Loan amounting to a maximum of Rs. 10 Lakhs for successful applicants depending on their financial record and repayment history.

2) What is the loan tenure of SBP personal loan?

State Bank of Patiala offers personal loan with a loan tenure of 60 months making it convenient for all loan seekers.

3) Is personal loan available on fixed rate of interest?

No, state bank of patiala offers floating rate of interest on personal loan for all borrowers.

4) Is there any processing fee charged on SBP personal loan?

The bank charges a minimum processing fee of 1% of the loan the amount subject to a minimum amount of Rs.1100.

5) How do I repay my loan amount of personal loan?

Loan can be repaid through Equated Monthly Installments (EMI’s) using the ECS facility or through post-dated cheques.