The Annual Percentage Rate (APR) is determined by considering factors such as credit score, loan amount, and income. A CIBIL score of good quality will lead to a lower APR, while a score of poor quality may lead to a higher APR. However, some lenders may apply a fixed APR to all their loans irrespective of credit score.
The APR is the total cost of borrowing. It's the interest rate plus a small processing fee and other costs. It's usually lower than what you'd pay on a credit card. It's the actual cost of your loan that lets you compare loan offers from different lenders. We offer a fixed APR of 35% each year.
| Loan Amount | APR | Tenure | Processing Fee | GST on Processing Fee | Amount Disbursed | EMI | Total Repayment Amount | Total Interest |
|---|---|---|---|---|---|---|---|---|
| 50,000 | 35% | 12 Months | 1,000 | 180 | 48,820 | 4,998 | 59,978 | 9,978 |
DEV-AASHISH CAPITALS PRIVATE LIMITED is a Non Banking Finance Company (NBFC) registered with the Reserve Bank of India (RBI). RUPEE112 is the brand name under which the company conducts its lending operations and specialize in meeting customer's instant financial needs.
