Annual Percentage Rate (APR) Calculator

What is APR?

Annual Percentage Rate (APR) is the annual cost of credit to the borrower, which includes interest rate and all other charges associated with the credit facility, such as processing fees, insurance, Annual Maintenance Charges, and valuation charges, etc. The APR calculation does not include contingent charges related to occurrence of an event, such as late payment charges, cheque bounce charges, and pre-payment charges, etc.

Disclaimer

The Annual Percentage Rate (‘APR’) calculator is provided to compute an approximation of the annualised credit cost which includes Interest rate and few charges, as applicable at the time of loan origination. The APR calculator does not include charges like stamp duty, MOE/MODT/NOI, prepayment charges, CERSAI charges, etc. The APR calculator provided here is for illustrative / informative purposes only and results may vary basis various parameters laid down by BHFL. The output values mentioned in the APR calculator are calculated basis the inputs provided in the respective fields, as indicated in the calculator. BHFL shall not be liable for any output generated due to incorrect inputs. This calculator is provided for general information purposes and only as general self-help planning tool. It should not be considered as financial advice.

By using this calculator, the Users agree that placing reliance on the aforementioned information shall always be the sole responsibility and decision of the User and the User shall assume the entire risk of any use made of this information. In no event shall BHFL or the Bajaj Group, its employees, directors or any of its agents or any other party involved in creating, producing, or delivering this Website shall be liable for any direct, indirect, punitive, incidental, special, consequential damages (including lost revenues or profits, loss of business or loss of data) or any damages whatsoever connected to the User’s reliance on the aforementioned information.