FlexPay Loan Interest Rate and Tenure

Interest & Fee Structure
Limit Upto ₹3,00,000
Interest Rate 18% - 42%
Annual Percentage Rate (APR) 23% - 53%
Tenure 6 - 12 Months
Processing Fee Upto ₹3,000
Transaction Fee ₹ 0.00
Late Fee Up to ₹150
Auto Debit Failure Fee ₹60.00
Pre - Payment Penalty ₹0.00
Payment Example*
Approved Loan Amount ₹ 1,00,000
Processing Fee ₹ 3,000
Interest Rate 39%
Tenure 9
EMI Amount ₹ 12,994
Annual Percentage Rate (APR) 46.94%
Total Interest Paid ₹ 16,942
Total Repayment Amount ₹ 1,16,942