Results generated by the calculator(s) are indicative in nature. The interest rate applied on the loan will depend on the prevailing rates at the time of loan booking.
The calculator(s) are not intended to provide its users/ customers with results that are either certified by Bajaj Finance Limited (“BFL”) or are an obligation, assurance, warranty, undertaking or commitment, financial and professional advice by BFL, under any circumstances. The calculator(s) is only a tool that assists the users/ customers arrive at results of various illustrative scenarios generated from data input by the user/ customer. The use of the calculator is entirely at the risk of the user/ customer, BFL is not responsible for any reason, for any errors in any outcome resulting from the use of the calculator.
Frequently asked questions
A car loan balance transfer and top-up EMI calculator is an online tool that helps you to calculate your equated monthly instalments (EMIs) when you want to transfer your car loan. It is simple and straight-forward to use. You can enter the preferred loan amount, type of variant, interest rate, and tenure. Once you input these details, the calculator generates the monthly instalment and total interest payable. It simplifies the process of calculating your loan EMIs and helps you make informed decisions while applying for car loan balance transfer and top-up. Know more about car loan balance transfer and top-up application process.
There are several benefits to using a car loan balance transfer and top-up loan EMI calculator. Firstly, it helps you estimate your EMI amount instantly, eliminating the lengthy calculations. Secondly, by using a calculator, you can easily compare various loan options and select the most suitable one for your needs. Lastly, it helps you plan your finances better, enabling you to make informed decisions about your car loan and EMI payments.
Using a car loan balance transfer and top-up loan EMI calculator is easy. You simply need to enter details such as loan amount, interest rate, repayment tenure and the type of loan variant. Once you input these details, the calculator will generate an estimated monthly payment and total interest payable.
The tenure of a car loan balance transfer and top-up depends on the lender's policies and the borrower's preferences. If you choose a car loan balance transfer from Bajaj Finance, you will get an option to choose from a tenure ranging between 12 to 72.