Micro Home Finance Interest Rates
Risk related rate of Interest
- The interest rate charged to the customer is based upon the customer profile, Credit bureau score, property type, market competition offerings, etc.
- The interest rate applicable will vary from time to time and will be mentioned against the specific operative schemes/loan products
Mode of Calculation
- The interest rate will be quoted on an annualized basis only.
- Compounding, if any, will be provided in specific loan schemes.
- 3% per month on overdue amount for actual days of due.