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Calculate Prepayment for Your Personal Loan

Loan amount

₹75,000 ₹35,00,000

Loan duration

1 Years 6 Years

Loan duration

12 Months 72 Months

Rate of interest

%
10% p.a 19% p.a

Part payment amount

₹75,000 ₹35,00,000

Payment months

1 Years 6 Years

Payment months

12 Months 72 Months

Revised EMI

(Fixed Tenure)

Revised Tenure

(Fixed EMI)

Total Payment

Principal + Interest

Remaining Principal

.

Disclaimer: The aforementioned values, calculations and results are for illustrative and informational purposes only and may vary basis various parameters laid down by Tata Capital.

What is a Prepayment Calculator for Personal Loan?

Do you have an unexpected cash inflow and don't have plans to use it? Why not pay off your personal loan? Tata Capital allows you to prepay your personal loans even before the loan tenure ends. You can prepay your personal loan in part or full depending on your preference.

How to use a Personal Loan Pre-Payment Calculator

You can use the personal loan pre-payment calculator by following the steps mentioned below–

    1

    Use the ‘Loan Amount’ slider to set the personal loan amount.

    2

    Use the ‘Tenure’ slider to choose the loan tenure, either in months or years

    3

    The next step is to use the ‘Rate of Interest’ slider to set the desired interest rate in the pre-payment calculator personal loan.

    4

    Using the next slider, choose the ‘Part Prepayment Amount.’ tejas

    5

    The next and final slider of the personal loan calculator will help you select the payment tenure, in months or years. The pre-payment calculator will automatically display the EMI and the Revised Tenure

    Note: You can either use the ‘+’ or ‘-‘ symbols to increase or decrease the amount. Alternatively, you can even enter the amount manually in a box

What are the Benefits of Pre-Paying your Personal Loan?

Pre-payment of Personal Loan, both full and in part comes with several benefits, as mentioned below-

  • Become Debt-Free Faster: For a nominal pre-payment fee, repaying your personal loan before its due date whether in part or in full, allows you to become debt-free faster

  • Good Credit Score: Full Pre-payment of a personal loan will improve your credit rating in the long run. A part-prepayment will also boost your credit rating as the early repayment will allow you to pay off the outstanding principal amount in a timely manner, which will in turn show up on your credit history positively

  • Save on Interest Out-Go: Partial or full pre-payment allows you to save on interest.

What are the Pre-Closure charges in a Personal Loan?

A part prepayment of personal loan amount of upto 25% of the principle outstanding is permitted. You will be levied pre-closure charges as 4.5% (on the amount over and above 25% of Principal outstanding).Note– You can apply for part pre-payment of your personal loan only once a year. To know more about the personal loan pre-closure charges, visit our personal loan charges and fees page

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What our customers say about us

Awesome team. Professional with the customer and helped with all details. Good job.

KOJENGBAM BIKIM BIKIM CHANDRA

Personal Loan | 24 Jun, 2025

“Excellent service and fast loan approval. Thank you, Tata Capital!”

RANJITHKUMAR NEELAMEGAM

Personal Loan | 11 Jun, 2025

Experience is very good with your financial institution. If needed, I will take services in the near future.

DEEPAK KUMAR

Personal Loan | 25 May, 2025

Excellent support and very clear clarification for the part payment process. Keep it up!

S SURESHPERIASAMY

Personal Loan | 14 May, 2025

Explained clearly and helped me to understand the reason. Knowledgeable on Tata Capital policies and very articulate. Thank you, Tata Capital team.

SUBHADEEP LAL BHATTACHARYA

Personal Loan | 07 May, 2025

Communication and service were excellent.

SHAIK MOHAMMED AKHIL

Personal Loan | 07 May, 2025

Thank you for the excellent service! I truly appreciated the professionalism, attention to detail, and prompt response. It made a big difference and ensured a smooth experience. Keep up the great work!

DINESH KARTHIK LABALA

Personal Loan | 06 May, 2025

Customer service is most friendly and comfortable, and he also helped me with my financial situation.

MANIKANDAN M

Personal Loan | 02 May, 2025

Thank you for taking the time to explain everything clearly. The communication was polite, professional, and easy to understand. I truly appreciate your support and hope for a positive resolution to my request. Keep up the great work!

AVINASH KUMAR SHARMA

Personal Loan | 09 Apr, 2025

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Last updated on: 10 Jul, 2025

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