Interest Rate And Charges
Interest Rate : 5% – 11% (As Per Bank Guidelines)
No Processing Fee : No extra money will be asked in the name of processing charges.
Prepayment Charges : 0% to 5%
Loan Tenure : Maximun Up-to 10 Years/ Minimum Up-to 1 Year
No Additional Hidden Charges Required
Representative example
For a loan of 10,000 granted at an Annual Interest rate of 11% for a tenure of 12 months, then the overall interest payable will be Rs. 1100 only per month.
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