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A kind of consumption loan used for purchasing personal or household assets as well as funding of household consumption in the purpose of improving the basic living conditions.
- Borrow $50,000.00 to $150,000.00
- Payment over 12 to 48 months
- Contribute as low as 20% towards the purchase.
- Competitive pricing and no hidden charges.
- Competitive personal loan rates
- No collateral requirements
- Affordable borrowing.
- Rate discount with set up of recurring auto-debit loan payments
- Simplified budgeting
Personal Loan____Eligibility
Any salaried, self-employed or professional Public and Private companies, Government sector employees including Public Sector is eligible for a personal loan.
Personal Loan Amortization Schedule
Year |
Opening Balance |
EMI*12 |
Interest paid yearly |
Principal paid yearly |
Closing Balance |
1 |
25,00,000 |
2,28,109 |
1,66,879 |
61,231 |
24,38,769 |
2 |
24,38,769 |
2,28,109 |
1,62,615 |
65,494 |
23,73,276 |
3 |
23,73,276 |
2,28,109 |
1,58,055 |
70,054 |
23,03,222 |