OYE LOANS is a daily interest personal loan product, which means you only pay the interest for the number of days you hold the loan.
Interest, Fee & Loan Example:
Loan example – Borrowing a short-term loan of Rs. 10,000 for 12 months will cost about INR 1,722 in interest & INR 354 as processing fee which is payable in Equated Monthly Instalments (EMI) of about INR 975.
Note: Interest and EMI will vary slightly based on your loan application ‘date’ since it’s a daily interest rate product.« Back to FAQs