Loan payment example

Loan Repayment Tenures
Minimum Tenure: 3 Months
Maximum Tenure: 24 Months*

Annual Interest Rate
Minimum Interest Rate: 0%
Maximum Interest Rate: 29.95%*

For example, if you are a salaried individual taking a loan amount of ₹50,000 at the rate of 20% p.a. with a tenure of 12 months. The amount disbursed in your account would be the disbursed amount of ₹48,289, after deducting the following applicable fees and charges Processing Fee: ₹1,250 (2.5%) Onboarding Fee for New Customers: ₹200 GST on Onboarding and Processing Fee: ₹261

Your EMI will be ₹4,632 for 12 months with a total repayment amount of ₹55,580. The total interest will be ₹5,580 at an Annual Percentage Rate (APR) of 26.92%* The exact tenure and interest rate may vary as per the policies of the company in vogue, based on and not limited to the customer profile, past track record, loan amount, etc.

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