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  • Repayment Schedule - 20 - 38 - 42

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    Ranjith kumar R
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    Ranjithkumar from Tumkur took out a Rs. 25,000 auto loan from the bank at 0% interest to purchase an asset worth Rs. 29,999. The loan is to be repaid in 10 monthly installments of Rs. 2,500 each starting September 2nd, 2022. The repayment schedule shows the opening principal, installment amount, principal paid, interest paid, and closing principal for each period. The total amount paid will be Rs. 25,000 repaying the principal amount in full.

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    Tumkur gjgghkbfhnh hgjgth hujv

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    Repayment Schedule_20_38_42

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    Ranjithkumar from Tumkur took out a Rs. 25,000 auto loan from the bank at 0% interest to purchase an asset worth Rs. 29,999. The loan is to be repaid in 10 monthly installments of Rs. 2,500 each starting September 2nd, 2022. The repayment schedule shows the opening principal, installment amount, principal paid, interest paid, and closing principal for each period. The total amount paid will be Rs. 25,000 repaying the principal amount in full.

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    15 views1 page

    Repayment Schedule - 20 - 38 - 42

    Uploaded by

    Ranjith kumar R
    Ranjithkumar from Tumkur took out a Rs. 25,000 auto loan from the bank at 0% interest to purchase an asset worth Rs. 29,999. The loan is to be repaid in 10 monthly installments of Rs. 2,500 each starting September 2nd, 2022. The repayment schedule shows the opening principal, installment amount, principal paid, interest paid, and closing principal for each period. The total amount paid will be Rs. 25,000 repaying the principal amount in full.

    Copyright:

    © All Rights Reserved
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    of 1

    REPAYMENT SCHEDULE

    Branch TUMKUR Loan Type AUTO CD LOAN


    RANJITHKUMAR RURAL DIGITAL
    Customer Product
    R DISTRIBUTION
    Agreement No 543RDDIO016884 Agreement Date 13-08-2022
    Asset Cost/Property
    29999 Frequency Monthly EMIs
    Value
    Original Amount
    Amount Financed 25000 25000
    Finance
    Tenure(In Months) 10 Total Installment 10
    Advance EMI 2 Currency INR
    Annualized Rate of
    0% Status Active
    Interest*

    *For Loan against Gold Jewellery, applicable rate of interest will vary basis your repayment date as per the interest rate
    table communicated in the Application form cum terms and conditions and the Gold Deposit Receipt.

    Instl. Instl
    Due Date Opening Principal Instl.Amt Principal Interest Closing Principal Annualized Rate of Interest* (%) Total Amt Due EMI Holiday
    No Type
    1 02-09-2022 20000 2500 2500 0 17500 0 EMI 2500 N
    2 02-10-2022 17500 2500 2500 0 15000 0 EMI 2500 N
    3 02-11-2022 15000 2500 2500 0 12500 0 EMI 2500 N
    4 02-12-2022 12500 2500 2500 0 10000 0 EMI 2500 N
    5 02-01-2023 10000 2500 2500 0 7500 0 EMI 2500 N
    6 02-02-2023 7500 2500 2500 0 5000 0 EMI 2500 N
    7 02-03-2023 5000 2500 2500 0 2500 0 EMI 2500 N
    8 02-04-2023 2500 2500 2500 0 0 0 EMI 2500 N
    9 02-05-2023 0 2500 2500 0 -2500 0 EMI 2500 N
    10 02-06-2023 0 2500 2500 0 -2500 0 EMI 2500 N
    Total 25000 25000 0 25000

    Note-: This is a system generated statement and hence does not require any signature.

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