a. Set the loan amount that might be needed to purchase a product.
b. Set the interest rate; Our interest rates vary from 6.99% to 8.99% (Flat) or
12.81% to 16.23% (Reducing).
c. Flat Rate – Reducing Rate ready reckoner
6.99% – 12.81%
7.99% – 14.53%
8.99% – 16.23%
d. Click on ‘Repayment Schedule’ to view the Amortization Table. You can check
your repayments and amortization of the Principal outstanding