Girls paying guest in pune1/10/2024 ![]() ![]() There is a lock-in period of 6 months months. Affordable property available in Wakad at unbelievable prices. Part pre-payment and Foreclosure charges are NIL.Rent property in the heart of Pune city. Minimum interest, maximum interest and average interest are 13%, 35%, and 34.7% respectively. Purchase of any non-credit product by the microfinance borrowers is purely on a voluntary basis. In this scenario, interest is charged only for the actual number of days since the loan was disbursed.įor Micro Finance Loans, please note below: Scenario 2 – Less than 30 days from the date of loan disbursal till the first EMI is charged: For Flexi Hybrid Loan: Added to the first instalment.For Flexi Term Loan: Added to the first instalment.For Term Loan: Deducted from the loan disbursement.In this scenario, broken period interest is recovered by the following methods: Scenario 1 – More than 30 days from the date of loan disbursal till the first EMI is charged: ![]() Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure.īroken period interest/ Pre-EMI interest shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios: 450 per month from the first month of the due date for the mandate rejected by customer’s bank until the registration of new mandate.įlexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges.įlexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial tenure. 1 (inclusive of applicable taxes) applicable in case of UPI mandate registration. Payable as per state laws and deducted upfront from loan amount. Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid.Īny delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the monthly instalment outstanding, from the respective due date until the date of receipt of the monthly instalment.Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of the loan prepaid on the date of such part-prepayment.Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as of the date of full prepayment.Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment.In case of default of repayment instrument, Rs. *Loan amount includes approved loan amount, insurance premium, and VAS charges. *All the Flexi charges above are inclusive of applicable taxes Up to 3.93% of the loan amount (inclusive of applicable taxes).įlexi variant - A fee will be deducted upfront from the loan amount (as applicable below) This variant is ideal for today’s lifestyle, wherein managing expenses can get unpredictable. Unlike in the case of other personal loans, there are absolutely no fee/ penalty/ charges for paying back or withdrawing from your Flexi Term Loan account. Your EMI consists of both principal and adjusted interest. This time again, all you need to do is go to My Account and pay back a part of your Flexi Term Loan.ĭuring all this while, your interest is automatically adjusted, and you are paying interest only on the outstanding amount at any point of time. 1,00,000 and would like to pay back a part of your Flexi Term Loan. Three months later, you just got your bonus of Rs. ![]() 50,000 from your Flexi Term Loan account. 50,000. All you need to do is to go to My Account and withdraw Rs. Suddenly, you have an unforeseen need for Rs. For the first six months, you pay the regular equated monthly instalments (EMIs). By now, you would have repaid about Rs. ![]()
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