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Example: For Loan quantity = INR 10,000, 💵 Tenure = 3 months and Interest fee = 24% per yr, the curiosity portion will probably be INR 600 (10,000*3/12*24%). 💵The reimbursement quantity together with curiosity will probably be INR 10,600 which interprets into EDI of INR 118 💵Processing charges is 0% (inclusive of GST). The processing expenses will probably be INR 100. 💵 Disbursed Amount = INR 10,000 – INR 100 = INR 9,900
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