![]() The loan APR factors in these one-time costs associated with borrowing. When obtaining a loan, lenders charge various kinds of non-refundable fees including processing fees and documentation charges. Banks charge more than just the interest rate on loans. It is also important to understand the Loan APR concept before using these calculators. These four calculators aim to address all the above questions, and more, with an easy-to-use and intuitive interface that provides instantaneous answers. How much interest would I have to pay for an item (electronic gadgets, furniture, household appliances etc.) that I purchased under a “low EMI” scheme?. ![]() ![]()
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