Multiple banks. Different interest rates. Call it a "conflict of interest".
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    SBH Personal Loan EMI Calculator

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    15.25% - 15.75% Floating
    1% (min. ₹1000) One time fee
    25,000 - 7.5L
    1-3 Years
    Response Time Within 30 minutes
    Think about
    Eligibility Criteria

    Overview about SBH Personal Loan EMI Calculator

    State Bank of Hyderabad (SBH) is currently one of the subsidiary banks of State Bank of India (SBI). It was originally set up as Hyderabad State Bank in 1941. It acquired other banks such as Hyderabad Mercantile Bank Ltd. and became a subsidiary of SBI in 1959. The bank has more than 1,800 branches currently, and it will soon be merged into the parent bank as part of the government’s banking consolidation process.

    SBH offers a series of retail loan products, including personal loans. Personal loans are unsecured loans that are a convenient means of meeting unexpected expenses such as a personal emergency or debt consolidation, or to meet a high expense for which you do not have the means at the moment, such as a wedding or a foreign trip.

    How does the SBH Personal Loan EMI Calculator Work?

    An EMI Calculator works on the following formula:

    E = P x r x (1+r)^n/((1+r)^n-1)

    Here, E – Equated Monthly Instalment (EMI)

    P – Loan amount

    r – Interest rate (monthly)

    n – Loan duration (in months)

    BankBazaar’s EMI Calculator also takes into account processing fees and pre-payment schedules to give you a more transparent result.

    How to Use BankBazaar SBH Personal Loan Calculator

    The repayment of a personal loan, like any other loan from a bank, is made on a monthly basis through an Equated Monthly Instalment (EMI) schedule. An EMI is a fixed amount you would be paying to the bank every month based on the principal amount borrowed, the interest rate applicable on the amount and the tenure of the loan. It is important to determine whether you will be able to afford the repayment pattern of the loan before you borrow the money. Your financing needs may be high but would you be able to repay the amount once the loan is taken? The best way to answer this is to find out how much your EMI is going to be, approximately, before you take the loan. Thankfully, this process is very easy because of the EMI Calculator.

    An EMI Calculator is a tool that tells you the EMI you would have to pay every month to the bank. One of the most comprehensive EMI Calculators available online is the one hosted by BankBazaar. The tool gives you a clear break-up of the total amount payable, the interest you’ll be paying to the bank throughout the loan tenure, and also takes into account processing fees and pre-payments you plan to make.

    Personal loans from SBH are available for around 15.5% interest and for a tenure of up to 3 years. The processing fee charged is 1% of the total loan amount.

    To use the BankBazaar EMI Calculator, follow 7 Easy steps given below:

    • Visit and on the home page, select the Menu tab on the top right corner.
    • Choose ‘Finance Tools’ and the ‘EMI Calculator’ option under it.
    • You can either use sliders, or manual entry to input the loan amount and duration of the loan.
    • Type in the interest rate of SBH personal loan and the processing fees applicable.
    • If you plan to make partial or full pre-payments, click on ‘Yes’ next to that option and enter the pre-payment frequency, when you wish to start pre-payment, the pre-payment amount, the pre-payment charge applicable and what the pre-payment applies to.
    • If you don’t know whether you’ll be making pre-payments, click on ‘No’.
    • Select ‘Calculate’. The EMI wizard will calculate the EMI and create an amortisation table and pre-payment analysis based on the data you entered.

    Let us look at an example. You are taking a personal loan of Rs.3 lakh for a period of 3 years, at an interest rate of 15.5% and processing fee of 1%. You decide to make pre-payments of Rs.50,000 every year starting from 12 months. Once you input all this data on to BankBazaar EMI Calculator, you will get the following results:

    EMI – Rs.10,473

    Total interest payable – Rs.58,862

    Processing fee – Rs.3,000

    Total amount payable to the bank – Rs.3,61,862

    Pre-payment analysis: You save Rs.21,173 and tenure is reduced by 11 months.

    Any other EMI Calculator will only be able to tell you the EMI, total interest payable and total amount payable, without considering the pre-payments or processing fee.

    Features and Benefits

    The key reasons you would want to use an EMI Calculator are as given below:

    1. Convenience: An EMI Calculator is available online and can be accessed from anywhere and on any device with an internet connection.
    2. Customisation: An EMI Calculator can be customised as per your requirements. There are no presents on the calculator to meddle with the required calculations.
    3. Accuracy: BankBazaar’s EMI Calculator is among the most accurate ones available online. It is also faster and more accurate than making the calculations manually.
    4. Amortisation Schedule: An EMI Calculator also gives you an amortisation table – that is, the detailed month-to-month break-up of payments and outstanding balance – which is as transparent and clear as numbers can get.

    SBH Personal Loan EMI Calculator FAQs:

    1. Will the EMI shown by the EMI Calculator and the bank always be the same?

      Not necessarily. Though an EMI Calculator is accurate to the values input by you, the bank may have additional charges that are not factored in by the Calculator. So this might lead to slight variations on the EMI and total payable amount.

    2. Is the EMI Calculator only for personal loans?

      No. The BankBazaar EMI Calculator is a comprehensive one-stop tool that can be used to calculating EMIs of any loans.   


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