Skip to main content

Loans

Personal Loan Example

We strive to get lowest interest rates and best terms for your Online Applications at www.FundsTiger.com from a wide range of our lending institutions such as Banks or NBFCs.
Personal Loan Interest Rates starting from 10.99% to 28%, and Loan amount ranging from INR 1,00,000 to INR 50,00,000. The Minimum and Maximum Repayment Period Ranges from 12 months to 60 months. Personal Loan EMI Calculator to check your loan eligibility.

A Representative Personal Loan Cost Example

Loan Amount Sanctioned100,000
Rate of Interest15.00%
Tenure in Months60
Processing Fees (rate as % of Loan Amount)2.00%
Processing Fees Amount2,000
Service Tax @ 15% on Processing Fees300
Total Processing Fees (PF + Service Tax)2,300
Stamp Duty or other charges by Lending Institution* (variable)100
Total Deduction (Charges)2,400
Net Disbursement Amount97,600
EMI2,435



Know more


Business Loan Example

We strive to get lowest interest rates and best terms for your Online Business Loan Applications at www.FundsTiger.com from a wide range of our lending institutions such as Banks or NBFCs that partner with us.
Business Loan Interest Rates starting from 9% to 29%, and Business Loan amount ranging from INR 1,00,000 to INR 50,000,000. The Minimum and Maximum Repayment Period Ranges from 12 months to 120 months. Business Loan EMI Calculator to check your loan eligibility.

A Representative Business Loan Cost Example

Loan Amount Sanctioned 10,000,000
Rate of Interest 14.50%
Tenure in Months 72
Processing Fees (rate as % of Loan Amount) 2.00%
Processing Fees Amount 200,000
Service Tax @ 15% on Processing Fees 30,000
Total Processing Fees (PF + Service Tax) 230,000
Stamp Duty or other charges by Lending Institution* (variable) 1000
Total Deduction (Charges) 231,000
Net Disbursement Amount 9,769,000
EMI 202,905
Know More


Home Loan Example

We strive to get lowest interest rates and best terms for your Online Applications at www.FundsTiger.com from a wide range of our lending institutions such as Banks or NBFCs.
Home Loan Interest Rates starting from 8.35% to 14%, and Loan amount ranging from INR 1,00,000 to INR 50,00,00,000. The Minimum and Maximum Repayment Period Ranges from 1 year to 30 years.

A Representative Home Loan Cost Example

Loan Amount3,000,000
Interest Rate (Per Annum)8.35%
Tenure (in Months)240
EMI25751

A Representative Home Loan Cost Example

Charges
Processing Fees ( Min 10,000 to 2% of Loan amount + Tax)11800
Stamp duty (Varies in different state and usually ranges between 0.2% to 0.5% of Loan amount. In this example 0.2% of Loan amount is taken6000
CERSAI * Charges ( Start from Rs250/ up below 5 Lakh but depends on Bank's Policy. Here Rs5000/- + Tax is taken because most of the Lender charges this amount.)5900
*Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI) is a central online mortgageregistryof India. It was primarily created to check mortgage frauds in which people took multiple loans on the same asset from different banks.
Know More 

 

Comments

Popular posts from this blog