Best Rupee Loan App on mobile guide by using this app you can get all details about how to get personal loan, home loan, education loan, credit card loan, business loan.
Product Information
- Interest Rates (APR, Minimum to Maximum): 18% to 32% per annum
- Maximum APR: 32%
- Repayment Period (Minimum to Maximum): 6 to 24 months
- Processing Fee: 2-4% of loan amount
Sample APR calculation: For a loan of Rs. 100,000 at 20% interest rate per annum for tenure of 12 months your one time processing fee (@2% of loan amount) will be Rs. 2000 and monthly EMI will be Rs. 9263/-. The net amount credited to you will be Rs 98,000 (post processing fee deduction) and cumulative amount paid back by you will be Rs 1,11,161/- (=Rs 9263 x 12 EMIs), leading to an APR of 24%
Best Rupee Loan is a simple loan supermarket that offers easy and affordable loans to salaried people who are in need of some cash.