Chartered Accountant Loan EMI Calculator

Calculate your CA loan instalments wisely.

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About EMI Calculator

A CA loan EMI calculator is a perfect tool for quickly calculating your EMIs. Applicants can check the EMIs payable with a few simple inputs such as the desired loan amount, interest rate, and tenure, and the calculator tool will reflect the EMI amount. The CA loan EMI calculator will subsequently show your total interest payable and EMIs for the loan tenure. Making these calculations ahead of time will allow you to secure the most competitive CA loan EMIs. Also, remember to refer to the amortisation table for a repayment schedule breakdown throughout the loan term.

Disclaimer

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

What does a CA loan EMI calculator do?

You can figure out the monthly EMIs for your loan with a CA loan EMI calculator. Using this calculator, you can predetermine the monthly EMIs payable, so you may choose a loan amount that fits your financial goals.

How to use an EMI calculator?

It's easy to use an EMI calculator. Use the slider to choose how much you want to borrow, the repayment tenure, and how much interest you want to pay. After you choose these three options, your EMI will show up on the screen. You can use this calculator as often as you'd like for no charge.

What is an EMI? How is it calculated?

EMI stands for equated monthly instalments that you have to pay back every month for any kind of loan. The total loan amount and interest are split up into smaller monthly payments. When calculating the EMI, it's important to know the tenure, the principal, and the interest rate.

Here is the formula for calculating the EMI:

EMI = P x R x (1+R)N / [(1+R)N-1], where P is the principal, R is the interest rate, and N is the length of the loan.

Enter the principal, tenure, and interest rate to get a detailed amortisation schedule, and a list of the EMIs you have to pay along with the total interest you have to pay.

Why should you choose a Bajaj Finserv CA Loan?

Bajaj Finance offers CA loans with unique features and benefits, such as:

  • Flexi facility
  • Minimal documentation
  • Money in the bank within 48 hours*
  • Convenient tenures
  • No collateral
  • No hidden charges

*Terms and conditions apply.

What is the maximum amount of loan I can get?

You can get a CA loan of up to Rs. 80 lakh if you are a practising CA. Bajaj Finance helps chartered accountants pay for their business costs by providing them with loans that are easy to get.

What is the Flexi Loan facility?

Bajaj Finserv Chartered Accountant Loan comes with Flexi variants that allow you to withdraw money from a sanctioned loan limit as needed. With a Flexi Loan, you have to pay interest only on the amount you have utilised and not on the whole sanctioned limit. If you have additional funds, you can also part-prepay the loan without incurring any extra fees.

Where can I find the loan account statement for my CA loan?

Bajaj Finance offers easy online access to loan statements through their customer portal, My Account. With the help of this portal, you can view and manage your loan account from any part of the world. You can also download the e-statements and certificates free of cost.

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