Capital First Personal Loan EMI Calculator

Capital First Personal Loan Calculator

Lowest EMI on Capital First Personal Loan - Rs. 3,516 per lakh
Last Updated 20th Jan 2017
Loan Tenure
Loan Amount (Rs.) 2 Years 3 Years 5 Years
100,000 Rs. 4,896 Rs. 3,516 Rs. 2,432
300,000 Rs. 14,689 Rs. 10,547 Rs. 7,295
500,000 Rs. 24,482 Rs. 17,579 Rs. 12,159
1,000,000 Rs. 48,963 Rs. 35,157 Rs. 24,318

Capital First Personal Loan EMI Calculator Jan 2017

Factors affecting Capital First Personal Loan EMI

  • Borrower age should be between 23 years to maximum 60 years.
  • Maximum personal loan amount offered by Capital First is upto Rs. 400,000.
  • Interest rates range from 16.00% to 24.00% depending upon customer profile, loan amount and other factors.
  • Processing fee in Capital First may be 1.99% of loan amount.
Capital First Personal Loan EMI Calculator

Capital First Personal Loan EMI

  • Personal Loan EMI (or equated monthly installment) is a fixed amount of money paid by you to Capital First against the loan taken. This is towards repayment of your loan to the bank. Every month, it is due on a fixed day of the month till your loan is fully paid back.
  • With Capital First offering Personal Loans with loan tenure upto 5 years, the loan EMI can be as low as Rs. 3516 per lakh, to make it more affordable and convenient to meet your personal needs. Rate of interest offered by Capital First are as low as 16.00%.
  • This EMI consists of both interest payment and principal repayment. Though the EMI amount will remain constant, the principal component keeps increasing and on the other hand the interest component keeps reducing.

Capital First Personal Loan EMI Calculator Formula

P*r* (1+r)^n/([(1+r)^n]-1)
Here is an illustration of how Capital First Personal Loan EMI is calculated:
In above formula,
P = Loan amount. This can range from Rs. 50,000 to Rs. 400,000
r = Rate of interest per month. Current rate is 16.00%
n = tenure in month. For Capital First, this can be 36 months

Capital First personal loan EMI calculator - How it works?

  • This calculator calculates EMI considering a combination of loan amount, interest rate and loan tenure.
  • This calculator considers “reducing balance basis” and assumes that payment of EMI is made in arrears (means interest is charged for the month preceding the EMI payment date) and not in advance.

Personal Loan EMI - EMI Changes in case of prepayment

    In case you prepay your personal loan, the outstanding balance on your personal loan reduces. Capital First gives you two options:
  • Reduce your loan tenure and keep your personal EMI same
  • Reduce the amount of EMI and keep your loan tenure same
  • It is better to keep the EMI constant and reduce the loan tenure as you pay less interest to the Capital First in this option.

Frequently Asked Questions on Capital First EMI Calculator

What is the lowest EMI per lakh offered by Capital First on personal loan?

Capital First offers personal loan at 16.00% interest rate and hence lowest EMI on per lakh loan amount is Rs. 3,516.

Can I prepay my Capital First personal loan?

Capital First offers you an option of prepayment after 24 months at 5% charges upto 6 months and at 4% after that.

Is there any processing charge on personal loan from Capital First?

Personal Loan from Capital First charges a processing fee of 1.99%.

Capital First Personal Loan EMI Calculator Customer Care Number, Email, Application Status, Branches

City Customer Care Number
Agra 1860-500-9900,
Ahmedabad 1860-500-9900,
Ambala 1860-500-9900,
Anand 1860-500-9900,
Aurangabad 1860-500-9900,
Bangalore 1860-500-9900,
Bhilai 1860-500-9900,
Bhilwara 1860-500-9900,
Bhiwadi 1860-500-9900,
Bhopal 1860-500-9900,
Bhubaneswar Cuttack 1860-500-9900,
Bikaner 1860-500-9900,
Chandigarh 1860-500-9900,
Chennai 1860-500-9900,
Cochin 1860-500-9900,
Coimbatore 1860-500-9900,
Dehradun 1860-500-9900,
Delhi 1860-500-9900,
Durg 1860-500-9900,
Faridabad 1860-500-9900,
Gandhinagar 1860-500-9900,
Ghaziabad 1860-500-9900,
Goa 1860-500-9900,
Greater Noida 1860-500-9900,
Gurgaon 1860-500-9900,
Guwahati 1860-500-9900,
Gwalior 1860-500-9900,
Hyderabad 1860-500-9900,
Indore 1860-500-9900,
Jabalpur 1860-500-9900,
Jaipur 1860-500-9900,
Jalandhar 1860-500-9900,
Jodhpur 1860-500-9900,
Kanpur 1860-500-9900,
Karnal 1860-500-9900,
Kolhapur 1860-500-9900,
Kolkata 1860-500-9900,
Kota 1860-500-9900,
Kozhikode 1860-500-9900,
Lucknow 1860-500-9900,
Ludhiana 1860-500-9900,
Madurai 1860-500-9900,
Meerut 1860-500-9900,
Mehsana 1860-500-9900,
Mohali Sas Nagar 1860-500-9900,
Mumbai 1860-500-9900,
Mussoorie 1860-500-9900,
Nagpur 1860-500-9900,
Nashik 1860-500-9900,
Noida 1860-500-9900,
Noida Extn. 1860-500-9900,
Panipat 1860-500-9900,
Patna 1860-500-9900,
Pondicherry 1860-500-9900,
Pune 1860-500-9900,
Raipur 1860-500-9900,
Rajkot 1860-500-9900,
Ranchi 1860-500-9900,
Rohtak 1860-500-9900,
Roorkee 1860-500-9900,
Salem 1860-500-9900,
Shimla 1860-500-9900,
Sonepat 1860-500-9900,
Surat 1860-500-9900,
Trichy 1860-500-9900,
Udaipur 1860-500-9900,
Vadodara 1860-500-9900,
Varanasi 1860-500-9900,
Vijaywada 1860-500-9900,
Vizag 1860-500-9900,
Capital First Personal Loan EMI Calculator News - Jan 2017
*My Finance Care Advisors Pvt. Ltd., or is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.