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4030CDJH311786 RPS

Alphonse R took out a 9-month auto loan of Rs. 30,000 from the Chennai branch at 0% interest to be paid back in monthly installments of Rs. 3,334. The repayment schedule shows the opening principal, installment amount, principal paid, interest, closing principal and total amount due for each of the 9 months. By the 6th month, the full principal amount will be paid off.

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NewHopekilpauk HR
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13 views1 page

4030CDJH311786 RPS

Alphonse R took out a 9-month auto loan of Rs. 30,000 from the Chennai branch at 0% interest to be paid back in monthly installments of Rs. 3,334. The repayment schedule shows the opening principal, installment amount, principal paid, interest, closing principal and total amount due for each of the 9 months. By the 6th month, the full principal amount will be paid off.

Uploaded by

NewHopekilpauk HR
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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REPAYMENT SCHEDULE

Branch CHENNAI Loan Type AUTO CD LOAN


Customer ALPHONSE R Product CONSUMER DURABLE
Agreement No 4030CDJH311786 Agreement Date 08-03-2023
Frequency Monthly EMIs
Amount Financed 30000 Original Amount Finance 30000
Tenure(In Months) 9 Total Installment 9
Advance EMI 3 Currency INR
Annualized Rate of Interest* 0 % Status Active

*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 02-04-2023 19998 3334 3334 0 16664 0 EMI 3334 N
2 02-05-2023 16664 3334 3334 0 13330 0 EMI 3334 N
3 02-06-2023 13330 3334 3334 0 9996 0 EMI 3334 N
4 02-07-2023 9996 3334 3334 0 6662 0 EMI 3334 N
5 02-08-2023 6662 3334 3334 0 3328 0 EMI 3334 N
6 02-09-2023 3328 3328 3328 0 0 0 EMI 3328 N
7 02-10-2023 0 3334 3334 0 -3334 0 EMI 3334 N
8 02-11-2023 0 3334 3334 0 -3334 0 EMI 3334 N
9 02-12-2023 0 3334 3334 0 -3334 0 EMI 3334 N
Total 30000 30000 0 30000

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

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