Coming back to repayment of loans, AU Small Finance bank will lend a helping hand here and lay down step by step process of repaying your loans. Kyonki bharna hai humein karz, hai ye humara farz:
If the loan taken is for a year then you have to repay the loan within that time. Isse aap apna loan time pe pay kar dete hai aur koi penalties charge nahi hoti apse.
Step 2: Know the interest to be paid every time:
Along with monthly installments (EMI) we have to pay interest of a certain percentage. Humein yaha dhyan rakhna chaiye ki hum full amount pay kare. Through this, our payments do not spill over to next months.
Step 3: Calculate EMI and pay on time:
Before taking the loan, we must have calculated EMI
that is to be paid back to the lender. Once, we have taken a loan we need to make sure that we have deposited or repaid EMIs
and interest within the decided time. Kyonki loan repay karne mein der bhali nahi hai.
Step 4: Opt for any option:
Banks provide various options through which we can repay our loans. Some of them are automatic cut from the savings account
. online payment and many more. Aap apni convenience pe loan repay kar sakte hai. You can now repay your loan from your phone.
Step 5: Enjoy the life loan free:
Once the loan is repaid with great ease by following the above steps, there is no need to worry about anything else.
Know more about the personal loan
which will help you to fulfil your dreams