Checkloan is Calculate monthly payment EMI, Total Interest and Total Payment (Principal + Interest)
EMI Calculator
- Easy and fast way to calculate your Loan EMI
- Easy option available to compare between two loans
- Representation of payment split up in the table form
- Calculate EMI on monthly basis
- Maintain history of different loan and view them at any time
Product Characteristics:
Loan Amount:From ₹4,000 to ₹ 25,000
Low Interest Rate: Annualized rates, up to 30% and as low as 12%
Loan Tenure 91days (shortest, including renewal period) - 3 years (longest, including renewal period)
GST: 18% of Processing Fee
Processing Fee: Range from Rs 54 ~ Rs 540 for one-time charge, which depends on loan eligibility.
For example, if the loan amount is 5,000 rupees, the annualized interest rate is 30%, and the period is 91 days. After deducting the service fee, the interest payable is as follows: 5000*30%/365*91=375 rupees. the total amount due would be Rs 5375.
Who are eligible for loans?
1.Indian Resident
2.21-45 years old
3.Source of a monthly income
4.Have an active bank accounts
- Is my data safe with Checkloan?
Yes, your data is safe with us. It is transferred over a secure connection and we do not share it with anyone without your consent.
DISCLAIMER:
The lenders we connect you with DO NOT offer short term loans.
Repayment Details are detailed & simulated below.
The min APR is 12% and max APR is 30% in India. The app and its operators are NOT lenders, don’t make credit decisions or loan decisions, do not endorse lenders and do NOT represent, broker for or serve as agents for any lender.