General Loan Terms
✔️ Minimum Applicant Age - 18 years
💰 Minimum Loan Amount Rs. - 15K
💰 Maximum Loan Amount Rs. - 40K
✔️ Minimum Annual Percentage Rate, shares incl. - 16%
✔️ Maximum Annual Percentage Rate, shares excl. - 192%
⌛ Minimum Repayment Period - 121 days
⌛ Maximum Repayment Period - 183 days
✔️ Standard Rate Reduction - Negotiable with an average customer
An example of a loan repayment plan with the lowest annual percentage rate:
✔️ Loan Amount: Rs. 6K.
✔️ Repayment Period: 121 days.
✔️ Annual Percentage Rate: 16%.
✔️ Repayment Amount: Rs. 6,312.
✔️ Monthly Installment: Rs. 78.
An example of a loan repayment plan with the highest annual percentage rate: ✔️ Loan Amount: Rs. 15K.
✔️ Repayment Period: 183 days.
✔️ Annual Percentage Rate: 192%.
✔️ Repayment Amount: Rs. 29.4K.
✔️ Monthly Installment: Rs. 2.4K.
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