Frequently Asked Questions

FAQarrow iconLoan against MFarrow iconPayments and EMI
Payments and EMI
What are my monthly payments?

There are 2 repayment amounts for every month of your loan tenure. 

  1. Minimum monthly due (only the interest)

  2. Recommended EMI (principal component)


For example, you take a loan of ₹1,00,000 for 12 months at an interest rate of 10.5% p.a.

Your recommended EMI will be around ₹8815 { ₹7940 (principal) + ₹875 (minimum monthly due)}

If you choose to pay only the min. monthly due of ₹875 every month, you'll need to repay the entire principal of ₹1,00,000 in the 12th month.

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