Private Limited Salary Loan – Interest Rate and Charges
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At Rohini Financial Services, we believe in providing fair and affordable financial solutions to salaried professionals working in private limited companies. Our Private Limited Salary Loan comes with competitive interest rates and no hidden charges, ensuring a smooth and trustworthy borrowing experience.
📊 Interest Rates for Private Limited Salary Loan
| Loan Type | Interest Rate (Per Annum) | Processing Time |
|---|---|---|
| Private Limited Salary Loan | 10.99% – 18.50% p.a. | Within 24–48 hours |
(Interest rates may vary depending on income, company profile, credit score, and loan amount.)
⚙️ Factors That Affect Interest Rates
Your loan’s interest rate is determined by multiple factors:
🔹 1. Applicant’s Income & Employer Profile
Higher income and employment with reputed organizations often attract lower rates.
🔹 2. Credit Score (CIBIL)
Applicants with a CIBIL score of 750+ can enjoy preferential interest rates.
🔹 3. Loan Amount & Tenure
Longer repayment periods may result in slightly higher total interest costs.
🔹 4. Repayment History
A clean track record of timely repayments improves your eligibility for better rates.
🧾 Applicable Charges and Fees
| Type of Charge | Details |
|---|---|
| Processing Fee | Up to 2% of the loan amount (one-time fee) |
| Prepayment Charges | 2% to 4% of outstanding principal (if prepaid before lock-in period) |
| Foreclosure Charges | Nil or minimal, depending on repayment stage |
| Late Payment Fee | 2% per month on overdue EMI amount |
| Loan Statement/Reschedule Fee | As per request |
| Stamp Duty/Other Statutory Charges | As applicable under state laws |
💡 Example EMI Calculation
| Loan Amount | Interest Rate | Tenure | Estimated EMI |
|---|---|---|---|
| ₹3,00,000 | 11% | 24 months | ₹14,030/month |
| ₹5,00,000 | 12% | 36 months | ₹16,607/month |
| ₹10,00,000 | 13% | 48 months | ₹26,841/month |
(These are indicative values — actual EMIs may vary based on loan terms.)