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  • Repayment Schedule: Note-: This Is A System Generated Statement and Hence Does Not Require Any Signature

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    Atish Thatei
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    Ashok Thatei took out an auto loan of Rs. 31,000 from Bhadrak branch at 0% annual interest to purchase an asset worth Rs. 50,900. The loan is to be repaid in 12 monthly installments of Rs. 2,584 each beginning July 2, 2022 and ending June 2, 2023. The repayment schedule shows the opening principal, installment amount, principal paid, interest paid, and closing principal for each period.

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    Ashok Thatei took out an auto loan of Rs. 31,000 from Bhadrak branch at 0% annual interest to purchase an asset worth Rs. 50,900. The loan is to be repaid in 12 monthly installments of Rs. 2,584 each beginning July 2, 2022 and ending June 2, 2023. The repayment schedule shows the opening principal, installment amount, principal paid, interest paid, and closing principal for each period.

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    Repayment Schedule: Note-: This Is A System Generated Statement and Hence Does Not Require Any Signature

    Uploaded by

    Atish Thatei
    Ashok Thatei took out an auto loan of Rs. 31,000 from Bhadrak branch at 0% annual interest to purchase an asset worth Rs. 50,900. The loan is to be repaid in 12 monthly installments of Rs. 2,584 each beginning July 2, 2022 and ending June 2, 2023. The repayment schedule shows the opening principal, installment amount, principal paid, interest paid, and closing principal for each period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 1

    REPAYMENT SCHEDULE

    Branch BHADRAK Loan Type AUTO CD LOAN


    RURAL CONSUMER
    Customer ASHOK THATEI Product
    DURABLE
    Agreement No 4C8RCDII429749 Agreement Date 08-06-2022
    Asset Cost/Property Value 50900 Frequency Monthly EMIs
    Original Amount
    Amount Financed 31000 31000
    Finance
    Tenure(In Months) 12 Total Installment 12
    Advance EMI 4 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 02-07-2022 20664 2584 2584 0 18080 0 EMI 2584 N
    2 02-08-2022 18080 2584 2584 0 15496 0 EMI 2584 N
    3 02-09-2022 15496 2584 2584 0 12912 0 EMI 2584 N
    4 02-10-2022 12912 2584 2584 0 10328 0 EMI 2584 N
    5 02-11-2022 10328 2584 2584 0 7744 0 EMI 2584 N
    6 02-12-2022 7744 2584 2584 0 5160 0 EMI 2584 N
    7 02-01-2023 5160 2584 2584 0 2576 0 EMI 2584 N
    8 02-02-2023 2576 2576 2576 0 0 0 EMI 2576 N
    9 02-03-2023 0 2584 2584 0 -2584 0 EMI 2584 N
    10 02-04-2023 0 2584 2584 0 -2584 0 EMI 2584 N
    11 02-05-2023 0 2584 2584 0 -2584 0 EMI 2584 N
    12 02-06-2023 0 2584 2584 0 -2584 0 EMI 2584 N
    Total 31000 31000 0 31000

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

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