Notes on how to calculate the APR

1. Annual Percentage Rate (APR) depends on various factors like interest rate, processing fees, valuation fees, legal charges, etc. The APR calculated is provided for customers convenience to compare the annual cost of credit at the time of loan origination.
2. To calculate APR, please input, Loan Amount in INR, Tenure in Months, ROI (without %) and charges (as mentioned above). Basis of this input fields APR Calculator will show the APR in output field.
3. The output value mentioned in the APR calculator are based on the input provided in the respective field. You are requested to use calculator without making any changes to the calculate to achieve desired output.
4. The APR may be subject to change based on various factors, including but not limited to rate of interest at the time of loan and any other charges that may be levied throughout the tenure of loan amount.
5. The APR calculation is an estimate and may not reflect the actual APR for your specific loan.