Once a loan is taken, a lot of adjustments are made to the monthly budget of the customer. It is important to check the EMI of the loan before you avail of the loan as it helps you to plan these adjustments. The monthly outgo is highly impacted once the loan is availed and hence one should be prepared for the upcoming changes.
The RBL bank personal loan EMI calculator which helps to calculate the monthly EMI once the loan amount, tenure and interest rates are fixed. This is a great tool as it helps to plan and give an estimate of the loan installments beforehand.