What is APR in Personal Loan?
APR, or the Annual Percentage Rate, on a personal loan, highlights the total cost of borrowing money. APR in personal loans combines the interest rate
APR, or the Annual Percentage Rate, on a personal loan, highlights the total cost of borrowing money. APR in personal loans combines the interest rate
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We offer loans up to ₹ 5,00,000 with repayment periods up-to 36 months. We offer interest rates starting from 11.99% APR (Annual Percentage Rate), however rates may vary case to case. All loans are paid through Equal Monthly Instalments (EMIs) via electronic payment. We do charge low platform fees and have no other hidden costs.
Example: If a customer takes a loan of ₹10,000 for a period of 3 months, at an annual interest rate of 11.99% APR, then the customer will pay an EMI for 3 months of ₹3,400 per month. Total payment over 3 months will be ₹10,200 (including principal and Interest).
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