Club Multiple Loans and Credit Card Bills up to ₹50 Lakhs into Single EMI
10 Lacs+
Customers Served
4.7/5
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10,000+
Pincodes Serving
2000 Cr+
Loans Disbursed
Check Your Savings % instantly
Club Multiple Loans and Credit Card Bills up to ₹50 Lakhs into Single EMI
Customers Served
Google Reviews
Pincodes Serving
Loans Disbursed
Check Your Savings % instantly
Customers Served
Google Reviews
Pincodes Serving
Loans Disbursed
Bring all your loans and dues under one umbrella with a single easy EMI.
No more tracking multiple due dates manage your entire debt in one simple payment.
Lower your EMI burden and free up more disposable income every month.
Timely payments and reduced liabilities help you build a stronger credit profile.
Discover how a LoansJagat Consolidation Loan simplifies your finances and boosts your savings.
Club Debts Up To 50 Lakhs
Turn multiple loans amounting up to ₹50 lakh into a single loan.
Pay just 1 EMI/month
Don't stress about remembering different dates to pay off EMIs.
Interest Rates
With debt consolidation loan cut down on interest rates by 20%.
2-Min. Eligibility Check
AI-based customised check to decide eligibility.
Smart Savings, Better Credit
Cut your EMIs by up to 50% and boost your CIBIL score.
Pay-Off Tenure
With debt consolidation loan, you can pay off the loan quickly.
A quick, step-by-step guide to merging all your loans into one easy EMI
Fill in your name, number, and work profile.
Add your email, company name, and DOB.
Enter your credit score, PAN, and salary info.
Check deals from 20+ banks and NBFCs.
Discover How LoansJagat Reduces Your Monthly EMI by upto 50 %
Salaried Individual
A credit score above 700
Above 23 yrs and below 58 yrs
Min ₹60,000/month net salary
Who should Consolidate?
If you’ve got more than 1 active loans
If your EMIs unmanageable
If your interest rates are too high
If you have overpsend Credit card
Cut EMIs by 50% and strengthen your Credit Score India's trusted Financial Doctor.
Five Lakh
Ten Lakh
Total Loan Amount: ₹15,00,000
Total Monthly EMI
29,325
Savings
29.9%
How LoansJagat Debt Consolidation Loan Makes a Difference
For Example, Let's Assume if Megha has 4 personal loans and 3 credit cards outstanding. The loan amounts with 5-year tenure and credit card outstandings are mentioned in the tables below.
| Sr. No | Loan Amount | Existing ROI | Existing EMI | Current Outstanding |
|---|---|---|---|---|
| 1 | ₹1,50,000 | 18% | ₹3,809 | ₹1,25,000 |
| 2 | ₹3,00,000 | 16% | ₹7,295 | ₹2,25,000 |
| 3 | ₹5,00,000 | 14% | ₹11,634 | ₹3,50,000 |
| 4 | ₹7,00,000 | 12% | ₹15,571 | ₹4,50,000 |
| Total | ₹16,50,000 | - | ₹38,309 | ₹11,50,000 |
| Sr. No | Credit Card Outstanding | Existing ROI | Outstanding Amt to Repay |
|---|---|---|---|
| 1 | ₹50,000 | 36% | ₹25,000 |
| 2 | ₹75,000 | 36% | ₹50,000 |
| 3 | ₹1,25,000 | 36% | ₹75,000 |
| Total | ₹2,50,000 | - | ₹1,50,000 |
For 4 loans other than credit card outstanding, she has to pay a monthly EMI of ₹38,310. Secondly, she also has to pay back the credit card's outstanding balance of ₹1,50,000 as defined in above table along with finance charges for delayed payments @36% p.a.
What if she could bring down the EMI to just 22,783/month instead of 38,310/month?
If Megha applies for a loan consolidation, then she can cut down her existing EMIs by 41% and has to pay just a Single EMI as below.
₹25,755/month
41%
With a total single EMI of Rs. 25,755/month (calculated as 22,783 + 2,972) for 6 years from any one Bank/NBFC, as against a current EMI of Rs. 38,310 and Rs. 1,50,000 credit card outstanding dues, Megha can easily repay her loan and credit card outstandings. This is achieved without high finance charges, at a lower rate of interest, and with a lower EMI by 41%. The benefits include a relaxed mindset, increased credit score, and monthly savings. It also highlights the convenience of remembering only a single EMI date.
The repayment period for loan consolidation ranges between 2 and 7 years. The annual percentage rate (APR) can vary from 9.99% to 17%, depending on the applicant's financial records and credit score.
Enjoy competitive interest rates starting at just 9.99% per annum, making your loan more affordable and easier to manage.
You can merge upto 10 personal loans, short term loans & overspend credit card bills into single emi
Pay a nominal processing fee of up to only 2% of the loan amount, ensuring more of your funds work for you.
FAQs
All frequently asked questions related to Loan Consolidation
