Loan Disclosure/Rates & Fees

Required Disclosures – Google Ads Compliance

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Loan Repayment Period

Flexible tenure options for all loan types

Minimum Period

Months / 1 Year

Maximum Period

Months / 5 Years

All loan products offered through our consultancy carry a minimum repayment period of 61 days or more, in compliance with applicable financial guidelines.

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Maximum Annual Percentage Rate (APR)

Total yearly cost of loan including all fees

12%

MAX APR

Maximum APR: 12% Per Annum

Our maximum Annual Percentage Rate is 12% per annum. This includes the interest rate and all applicable fees such as processing charges and service fees charged by the lender.

✔ Includes All Applicable Fees

✔ Transparent Pricing

Actual APR may vary based on loan type, lender, and individual applicant's credit profile. Pmegp Department connects you with registered banks and NBFCs.

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Representative Loan Example

A practical breakdown of total loan cost

Loan Detail	Amount / Value
Loan Amount	₹1,00,000
Repayment Period	12 Months
Interest Rate	7% per annum
Processing Fee	1% = ₹1,000
Total Interest Payable	₹3,835
Monthly EMI	₹8,653
Total Amount Payable	₹1,04,835

Total Amount Payable = Loan Amount (₹1,00,000) + Total Interest (₹3,835) + Processing Fee (₹1,000)

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Important Disclaimer

Please read carefully before applying

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Pmgep Department is a loan consultancy service and not a direct lender or bank.

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All loans are subject to lender approval and individual eligibility criteria.

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Please read all loan documents carefully before signing any agreement.

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Interest rates and fees may vary by lender and loan product type.

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Loans facilitated through RBI-registered NBFCs and banks only.

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Borrowers must assess repayment capacity before availing any loan.

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