Fix Appointment for Salaried Personal Loan Assistance

Loan Terms & Cost Information

Indicative interest: 9.99%–15% p.a., reducing balance.
Indicative repayment period: 60–96 months, depending on lender and product.
Processing fee: Fixed or percentage-based, depending on profile and lender. Applicable taxes and other lender charges are additional.

These indicative ranges are supplied by My Safe Loan. Rates, fees, tenure and eligibility depend on the lender's offer; the lowest rate is not available to every applicant.

MSL assistance fee: ₹0. Lender interest and applicable charges remain payable.

Illustrative Personal Loan Cost

Loan amount: ₹5,00,000
Interest: 15% p.a. reducing balance
Tenure: 60 months
Monthly EMI: approximately ₹11,895
Total scheduled repayments: approximately ₹7,13,698
Total interest: approximately ₹2,13,698
Assumed processing fee: ₹5,000
Assumed tax on fee: ₹900 (18%)
Total outgo including assumed fee and tax: approximately ₹7,19,598
Illustrative APR: approximately 15.54% (annualised monthly cash-flow rate).

Calculation assumes ₹5,900 deducted upfront, net proceeds of ₹4,94,100 and 60 equal monthly repayments starting one month later, with no other charges. This is a mathematical illustration, not a lender quote or an overdraft/flexi repayment schedule. Stamp duty, additional mandatory charges, repayment dates or fee changes will affect the APR and total cost. The lender’s Key Facts Statement provides your applicable APR, repayment schedule and charges. The illustrative APR above is not the maximum APR.

Interest rates on loans previously facilitated: 9.99%–15.54% p.a.; tenure: 12–96 months. Current offers depend on your profile, lender and product. APR includes interest and applicable borrowing charges and is disclosed in the lender’s Key Facts Statement. MSL assistance is free; lender charges apply.