Business
Business
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| Particulars | Details |
|---|---|
|
Monthly interest rate
|
2.9166% |
|
APR
|
35% |
|
Tenure/Repayment Period
|
1-3 years |
|
Processing Fees
|
10 % |
|
GST on Processing Fee
|
18% |
|
Minimum Monthly Salary Required
|
₹40,000 |
| Particulars | Details |
|---|---|
|
Loan Amount
|
₹10,000 |
|
Processing Fee (10%)
|
₹1,000 |
|
GST on Processing Fee (18%)
|
₹180 |
|
Total Deduction
|
₹1,180 |
|
Amount Disbursed
|
₹8,820 |
|
APR
|
15% - 35% |
|
Tenure
|
12 months |
|
EMI
|
₹1,135 |
|
Total Repayment amount
|
₹13,620 |