Dhani loan EMI calculator - online tool that computes loan installments The question that strikes in your head when you are applying for a personal loan is what would be the loan EMI? Equated monthly loan installment is the monthly payment of your borrowed loan amount along with the charged interest rate. If you try to find the EMI of your loan amount by yourself then it must be time-consuming and you might get wrong answers. That is why Indiabulls Finance Ltd. provides you the Dhani loan EMI calculator. Read the given article and know about the EMI calculator functions and features. How does the Dhani loan EMI calculator works? Indiabulls Dhani personal loan EMI calculator is an online loan calculator device. It calculates the loan installments using the formula [P x R x (1+R)^N]/[(1+R)^N-1] in this formula P is your borrowed loan amount, R is the rate of interest and N is loan repayment duration. To understand the working of Dhani loan EMI calculator suppose, if you borrow a loan amount of INR 15 lakh on a 16.22% per annum interest rate with a payment duration of 3 years then your EMI would be INR 52,899. So with the given example you might have understood how the EMI calculator estimates the approximate EMI of your loan amount. How to use Dhani Personal loan EMI calculator? The user can easily access the Dhani loan EMI calculator by visiting the official website of Indiabulls or you can use Dhani mobile app to use the personal loan EMI calculator. You just need to enter your loan details such as principal amount, interest rate and loan tenure inside the loan calculator and it will generate the EMI of your mentioned amount within a second. It made it easier for you to estimate the loan EMIs without making any calculations. Use Dhani loan EMI calculator and get benefits on your personal loan The motive of the EMI calculator is not to give you the numeral result of your loan EMI but using the loan EMIs of your borrowed loan amount you can choose a suitable loan tenure. Because, if you choose a compatible loan tenure then it will be easier for you to pay the EMI using ECS and PDCs methods. Also, you can prepay your loan outstanding amount and know the reduced EMI or rate of interest using the EMI calculator. Indiabulls Dhani doesn’t charge any prepayment fee from the user up to INR 20,000. Now, fulfill your urgent requirement of money with Dhani personal loans whether you need money for your child’s education funding, medical emergency or for any other financial crisis. You can easily apply for the personal loan by going to your nearest Indiabulls branch or for a trouble-free experience, you can also apply for the loan using online services Dhani. In the loan application form enter your personal details like name, address, mobile number, email, PAN
number, Aadhar number, etc. and click on the submit button. This is how you can apply for a personal loan but don’t forget to use the Dhani loan EMI calculator because it can help in making your loan procedure easier.