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Loan Terms
Loans up to Rs. 1 Lakh.
Loan Duration: 3 to 12 months.
Annualised Interest: 12% to 22% of Loan Amount.
Processing Fees: 3% of Loan Amount (taxes extra).
eg: Loan of Rs 50,000 for a duration of 9 months at 22% reducing interest rate and 3% processing fee will have a monthly EMI of Rs. 6077 and total interest will be Rs 4694 (9.4% of Loan Amount). Processing fee would be Rs 1500 (taxes extra).