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Loan Representative Example

Loan Amount APR Tenure Processing Fee GST on Processing Fee Amount Disbursed EMI Total Repayment Amount Total Interest
₹50,000 25.2% 12 Months ₹1,000 ₹180 ₹48,820 ₹4,998 ₹59,978 ₹9,978

This example demonstrates the total cost of a ₹50,000 loan with all applicable fees and interest over 12 months.

Make informed decisions about your financial future!

If you apply for a loan of ₹50,000 at an APR of 25.2% for 12 months, you will incur ₹1,000 as processing fees and ₹180 as GST. Your total repayment amount will be ₹59,978, including ₹9,978 as total interest.

JMFINCREDIT