Repay
Repay Your Payable Loan Amount Through the Following Details:
Company Name:- R.K. Bansal Finance Limited
Bank Name :- IDBI BANK LIMITED
Account Number :– 0550102000024213
IFSC Code :- IBKL0000550
Branch Name - Karol Bagh, New Delhi
Payment Gateway - https://www.ramfincorp.com/pay-now/
LOAN MODEL
- Loan Amount: - 5,000 to 2,00,000
- Interest Rate: - Up to 36% per annum
- APR: 36% MAX
- Age: - 21 to 55 years
- APR 36 % Max.
- Late payment fee - as applicable (Charged only, if repayment is delayed)
- Processing Fee: - Up to 5%
- Loan tenure: - 90 days to 365 days
- Pre-closure charges – As applicable
Sample Loan Calculation
- Loan amount: ₹ 30,000 at interest rate of 30% p.a.
- Loan Duration: 3 Months
- Total personal loan interest = ₹ 2,250
- Processing fees (PF) + GST = ₹ 500 + ₹ 90 = ₹ 590
- Total Deductibles (PF + GST): ₹ 590
- In-Hand Amount: Loan Amount - Total Deductibles = ₹ 30,000 - 590 = ₹ 29,410
- Total repayable Amount (Loan Amount + Interest): ₹ 32,250
- Monthly EMI Repayable (Loan Amount + Interest / No of EMI's): ₹ 10,750
- PF + GST are deducted upfront during the loan disbursal.
