The loan rate is nothing but the rate of interest. It is also called the lending rate. The loan rate applies to a loan during repayment, where you as the borrower not only repay the principal or loan amount you have borrowed, but also the interest due to the lender. The loan rate is thus the cost of borrowing. Loan rates are usually higher on unsecured loans like personal loans in comparison to secured loans like home loans.
Skip the manual calculations. Use the Fibe EMI Calculator to accurately determine your repayment amounts, interest charges, and more.
Fibe's personal loan EMI calculator is your reliable tool to determine your loan EMI in just a few minutes and some simple steps. Fibe offers personal loan of up to Rs 5 lakhs with minimal documentation and quick processing. Coupled with interest rates as low as Rs 9/day, this is by far your most compelling credit option in the market. Calculate your monthly repayments based on your sanctioned loan amount and interest rates using this handy EMI calculator that's operate and easy to understand. With Fibe, you can even prepay your loan amount with no additional charges.
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