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Medium Loan Example. 104 X Repayments 43. 19 Per Week 4,490. 88 Total Payments. In the above example You'll pay: Loan Amount Financed: 1,000 Indian post office personal loan Fee: 200 (set by NCCP at 20 of the loan amount) Monthly Permitted Fee: 40 per month charged on the anniversary of the loan Amount of Credit of the Loan: 1,240 Total Amount of Interest Payable: NIL Direct Debit Fees: 25.
74 (0. 99 per transaction) Total amount of repayments: 1,440. 00 Nominal Percentage Rate (Interest) per annum: 0 as defined by NCCP Comparison Rate: 160.
0571 as defined by NCCP. In the above example You'll pay: Loan Amount Financed: 2,500 Establishment fee: 400 (Set by NCCP) Amount of Credit of the Loan: 2,900 Total Amount of Interest Payable: 1,590.