Weddings in India is not treated just as an event; it’s a festival of celebration where all the family members (even those living in distant towns and villages) gather together to celebrate the union of bride and groom for a couple of days. After the expenses involved with the construction or purchase of houses, the most extravagant thing is spending on wedding. From booking the best venue to buying gold to getting the best caterers - wedding requires high finance. This is only possible through a personal loan. Bajaj Finserv Personal Loan provides one of the best rates in the market. Not only does it provide high loan amounts and affordable interest rate but also a Bajaj Finserv Personal Loan EMI calculator which helps you on a large scale. Let’s check out how the EMI calculator can help you:
1. Wedding Planning: Several costs are involved when it comes to wedding - purchasing outfits, booking venues, taking care of accommodation and food. Bajaj Finserv Personal Loan EMI Calculator helps you to plan your wedding by having clarity about how much EMI and interest rate you’ll be paying. This helps you take decision in respect your spendings. With the EMI figure clear to you, you’ll know how much amount to allocate on what kind of spends.
2. Easy Calculation: The last thing you’ll want to get into is a complex calculation amidst a beautiful wedding preparation. This is where Bajaj Finserv Personal Loan EMI Calculator lends his hand to climb over. Using the calculator, you’ll not have to sit with the intense calculation of Equated Monthly Installment all by yourself.
3. Amortization Table: Alongwith the EMI results comes the amortization table, which helps you to figure out how your personal loan progresses over time. It also gives you a vivid picture of the relationship between interest rate and principal amount. By looking at the amortization table, you’ll have all the clarity in the world about your loan. Bajaj Finance provided this to alleviate the possibility of deceit.
Where and How can I use Bajaj Finserv Personal Loan EMI Calculator?
The service of using Bajaj Finserv Personal Loan EMI Calculator is provided on the official website of Bajaj Finance. All you have to do is just open the ‘personal loans’ tab and use it. In order to use it, you just have to enter three values on the calculation - the applicable interest rate, desired loan amount and the tenure of the loan. Within no-time, the EMI value will be on your screen. You can also use this service on the website of some renowned financial technology companies.
How Can I get the Lowest Bajaj Finserv personal loan interest rate?
Credit Score: Bajaj Finserv Personal loan is a collateral free loan. This implies that the NBFC (Non-Banking Financial Company) doesn’t ask you to pledge any security in order to avail it. So you’ll be wondering on what basis does the lender trust you with the loan money. Heard of Credit Score? The NBFC checks your credit score before approving the personal loan. And a good credit score can help you procure the lowest interest rate from Bajaj Finserv. A score of 750 and above can fetch you the lowest Bajaj Finserv personal loan interest rate.
Relationship with Bajaj Finance: A good relationship with the lender is always a rewarding factor. If you have taken loans from Bajaj Finance earlier and serviced it well, chances are that Bajaj might give you the lowest Bajaj Finserv personal loan interest rate deal. Obviously, you will have to request or negotiate with Bajaj in order to bring this into action.