FlexPay Interest Rate and Tenure

Instalment Loan Interest & Fee Structure
Loan Amount Upto ₹3,00,000
Interest Rate 18% - 42%
Annual Percentage Rate (APR) 20% - 70%
Tenure 36 Months
Processing Fee Upto 4.25% + GST
Late Fee Upto ₹150 per instance
Auto Debit Failure Fee ₹60 per instance
Pre - Payment Penalty ₹0.00
Instalment Loan Payment Example
Approved Loan Amount ₹1,00,000
Processing Fee ₹5,000
Interest Rate 39.0%
Tenure 9
EMI Amount ₹12,999.68
Annual Percentage Rate (APR) 52.41%
Total Interest Paid ₹16,997.15
Total Repayment Amount ₹1,16,997.15