1 Minute Me Aadhar Loan Guide for the loan application process with minimal documents, low-interest rates, and flexible repayment options for your specific financial needs.
EMI Calculation Example:
The loan amount is ₹50,000, the interest rate is 10%, and the loan term is 24 months. Your monthly repayment amount would be ₹2,583.
EMI = (Loan amount + Interest amount / Loan term)
= ₹50,000 + 12,000 / 24
= ₹2,583
Loan Example:
✔ Principal Loan Amount - ₹50,000
✔ Interest Rate - 8% per annum
✔ Loan Repayment Tenure - 12 months
✔ Loan Disbursed:- ₹50,000
✔ Total Interest Amount:- ₹4,000
✔ Your EMI amount:- ₹4,500
✔ Loan Repayment :- ₹50,000 + ₹4,000 = ₹54,000
✅ Loan amounts range from ₹ 10,000 to ₹ 5,00,000.
✅ The annual interest rate can vary between 6% to 18%.
✅ Loan repayment terms range from 3 months to 36 months.
Note:
Please visit the official website of the relevant department/authority for any complaints or queries regarding the scheme/information.
Disclaimer:
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