Unlock Personal Loan from 40 + Banks & NBFCs in Bangalore ಬೆಂಗಳೂರು
Myloanbanker.com is the India’s largest Loan distribution Company. We are the Home Loan expert.
We do all kind of Home Loans like for Construction Loan, Purchase Loan, Home improvement Loan, Home Loan Balance transfer and Top up Loan.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%
Address: Myloanbanker.com 13, 2nd floor, Opposite Vinodh School, 2nd main road, Goraguntepalya, Yeshwanthpur , Bangalore- 560022
Unlock Personal Loan from 40 + Banks & NBFCs in Bangalore ಬೆಂಗಳೂರು
Myloanbanker.com is a loan aggregator and is authorized to provide services on behalf of its partners
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%
Address: Myloanbanker.com 13, 2nd floor, Opposite Vinodh School, 2nd main road, Goraguntepalya, Yeshwanthpur , Bangalore- 560022