An unsecured loan is a type of credit facility that is not backed by any collateral. It is based solely on the borrower’s creditworthiness and ability to repay the loan. In India, unsecured loans include personal loans, credit card loans and business loans that do not require any collateral to be pledged as security. Usually, you get unsecured loans at a higher interest rate as compared to secured loans like home loans or gold loans. The ease with which you can get an unsecured loan depends on the lender’s eligibility criteria.
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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