Loan Details
- Maximum Loan Amount: ₹15,00,000
- Interest Rates: 9.75% to 24% per annum, depending on your profile
- Repayment Tenure: 12 to 60 months
- Processing Fees: 1.5% – 2.5% of the loan amount
Example Calculation
For a loan of ₹1,00,000 at 13% per annum for 12 months:
- Processing Fee: ₹2,360 (including GST)
- Line Setup Fee: ₹588
- Total Interest: ₹7,181
- Total Payable: ₹1,10,129
- EMI: ₹8,932
