Why is the credited amount less than the sanctioned amount?

Modified on Tue, 21 Apr at 4:45 PM

The amount credited to your account may be slightly lower than the sanctioned amount because certain charges are deducted upfront by the Lending Partner.

  • Processing fee: 6% of the loan amount + applicable GST
  • All deductions are clearly mentioned in your Key Fact Statement (KFS) and Loan Agreement

This ensures full transparency on the charges applied to your loan.