The Bank of Punjab FIXED RATE

Retail Finance Division

Advance Salary Personal Loan

Repayment Schedule
Name of Applicant ABC (Amount in Rupees)
CNIC 11111-2222222-3
Loan Amount 200,000 Markup Rate 30.99%
Tenure (Months) 12 APR 30.99%
Monthly Installment 19,595

Monthly Installment

Opening Balance
Sr. No. Principal Markup EMI Outstaning Principal
Principal

1 200,000 14,430 5,165 19,595 185,570

2 185,570 14,803 4,792 19,595 170,767
3 170,767 15,185 4,410 19,595 155,583
4 155,583 15,577 4,018 19,595 140,006
5 140,006 15,979 3,616 19,595 124,026
6 124,026 16,392 3,203 19,595 107,634
7 107,634 16,815 2,780 19,595 90,819
8 90,819 17,250 2,345 19,595 73,569
9 73,569 17,695 1,900 19,595 55,874
10 55,874 18,152 1,443 19,595 37,722
11 37,722 18,621 974 19,595 19,102
12 19,102 19,102 493 19,595 0
200,000 35,139 235,139

APR (Annualized Percentage Rate) is calculated as follows;

Markup paid for the period / Average Outstanding Principal Amount during the period X
365/no. of days X 100
Markup rate is fixed for whole tenure

Note:
* The amount of last installment may vary due to change in disbursement date i.e. before or after 15th of each
month.

** The difference of actual & recovered charges, if any, shall be credited/debited to customer shadow account.