Digital Loan Interest Rate and Charges
Transparent, Affordable, and Customer-Friendly Rates
At Rohini Financial Services, we believe in complete transparency and customer satisfaction. Our Digital Loan offers competitive interest rates with no hidden costs — making it easier for you to manage your finances confidently and repay comfortably.
💰 Interest Rate Overview
Our Digital Loan interest rates are designed to suit every borrower’s profile and loan requirement. The final rate depends on factors such as your credit score, income, loan amount, and repayment history.
| Category | Interest Rate (per annum) |
|---|---|
| Salaried Individuals | 10.50% – 18.00% |
| Self-Employed Professionals | 11.00% – 19.00% |
| Business Owners | 12.00% – 20.00% |
💡 Note: Actual rates may vary based on credit profile, loan tenure, and internal assessment.
⚙️ Additional Charges
| Type of Charge | Details |
|---|---|
| Processing Fee | Up to 2% of the loan amount (plus taxes) |
| Foreclosure / Prepayment Charges | 2% – 4% on the outstanding amount (after 6 months of repayment) |
| Late Payment Fee | 2% per month on the overdue EMI |
| Documentation Charges | Nominal and one-time only |
| Cheque / ECS Bounce Charges | ₹500 per instance |
📊 Factors Affecting Interest Rate
- Credit Score: Higher scores (700+) may qualify for lower rates.
- Income Stability: Consistent income enhances eligibility.
- Loan Amount & Tenure: Larger loans or shorter tenures may influence rates.
- Employment Type: Salaried individuals may enjoy preferential terms.