4 Simple Ways to Choose the Right Personal Loan Tenure
                     4 SIMPLE WAYS TO CHOOSE THE RIGHT 
PERSONAL LOAN TENURE
UNDERSTAND YOUR MONTHLY 
INCOME
 The most preferred way for 
determining the right personal 
loan tenure and EMI amount 
are by analyzing your spending 
and savings rate.
 Make a list of your monthly 
commitments and how much 
you are able to save before 
taking the personal loan. Also, 
take into consideration, if you 
have any existing liabilities and 
its duration.
LOAN AMOUNT
 The amount you wish to borrow 
through personal loan has a 
huge influence on determining 
the loan tenure. For small loan 
amounts, like borrowing 2-3 
times your monthly income, 
then you should aim for shorter 
loan tenure, as choosing a 
longer tenure increases your 
interest cost.
CALCULATE THE INTEREST RATES
 Apart from the credit score, the 
loan tenure selected by you also 
influences the interest rate. 
Generally, shorter loan tenure 
attracts a lower interest rate 
and longer loan tenure attracts 
higher interest payments.
USE A PERSONAL LOAN EMI 
CALCULATOR
 If you are still confused about 
deciding the right personal loan 
tenure, you can use the 
personal loan EMI calculator. An 
easy-to-access free online tool 
that helps you in calculating the 
EMI amount and deciding on 
the loan tenure. Use a different 
tenure combination to calculate 
the ideal EMI amount.
Clix Capital Services Private Limited
Address: 
901b, 9th Floor, Two Horizon Centre, DLF Phase V, Gurgaon, Haryana, India – 
122002
Phone Number: 1800 200 9898
Email  us at : [email protected]
Website: www.clix.capital