Loan Cost Information
Annual Percentage Rate Disclosure
Annual Percentage Rate (APR) represents the total annual cost of borrowing, including the applicable interest rate, processing fees, and other charges associated with the loan.
Loan Details
- APR Range: 7.99% – 17.99% per annum
- Loan Amount: ₹50,000 – ₹40,00,000
- Loan Tenure: 12 – 120 Months
- Processing Fee: Up to 3% + GST, as applicable
Important Disclosure
The final APR, interest rate, loan amount, tenure, fees, and charges may vary depending on the applicant's eligibility, credit profile, income, lender policies, and applicable regulations.
Representative Example
- Loan Amount: ₹1,00,000
- Loan Tenure: 12 Months
- Interest Rate: 7.99% p.a.
- Total Interest Payable: ₹4,381
- Total Repayment Amount: ₹1,04,381
- Approximate EMI: ₹8,698 per month
This example is provided for illustrative purposes only. Actual loan terms may vary.