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    DEVANG TRIVEDI
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    This document outlines the repayment schedule for a loan of Rs. 47,076 taken by Devang Bhupendra Trivedi from IDFC First Bank. The loan has an interest rate of 14.58% per year and is to be repaid in 8 monthly installments of Rs. 6,211 each. The repayment schedule shows the opening principal amount, installment amount, principal and interest components for each installment, and the closing principal amount. The total interest to be paid on the loan is Rs. 2,612.

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    This document outlines the repayment schedule for a loan of Rs. 47,076 taken by Devang Bhupendra Trivedi from IDFC First Bank. The loan has an interest rate of 14.58% per year and is to be repaid in 8 monthly installments of Rs. 6,211 each. The repayment schedule shows the opening principal amount, installment amount, principal and interest components for each installment, and the closing principal amount. The total interest to be paid on the loan is Rs. 2,612.

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    © All Rights Reserved
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    1 views1 page

    804 20211026 110045

    Uploaded by

    DEVANG TRIVEDI
    This document outlines the repayment schedule for a loan of Rs. 47,076 taken by Devang Bhupendra Trivedi from IDFC First Bank. The loan has an interest rate of 14.58% per year and is to be repaid in 8 monthly installments of Rs. 6,211 each. The repayment schedule shows the opening principal amount, installment amount, principal and interest components for each installment, and the closing principal amount. The total interest to be paid on the loan is Rs. 2,612.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    REPAYMENT SCHEDULE

    Branch BHARUCH

    Customer Name: DEVANG BHUPENDRA TRIVEDI

    Agreement No. 48628698

    Agreement Date 22/08/2021

    Property Value

    Frequency Monthly EMIs

    Amount Financed 47,076.00

    Interest Rate* 14.58

    Tenure (Months) 8

    Total Installments 8

    Advance EMI 0.00

    Net Disbursed Amount 44,656.00

    Product CLEI

    *This interest rate is used to calculate the monthly repayment amount. The above rate of interest translates to
    a Flat rate of 8.32 % p.a

    Instl Due Date Opening Installment Principal Interest Closing Principal


    Num Principal Amt

    1 02/10/2021 47,076.00 6,211.00 5,638.64 572.36 41,437.36

    2 02/11/2021 41,437.36 6,211.00 5,707.20 503.80 35,730.16

    3 02/12/2021 35,730.16 6,211.00 5,776.58 434.42 29,953.58

    4 02/01/2022 29,953.58 6,211.00 5,846.82 364.18 24,106.76

    5 02/02/2022 24,106.76 6,211.00 5,917.90 293.10 18,188.86

    6 02/03/2022 18,188.86 6,211.00 5,989.85 221.15 12,199.01

    7 02/04/2022 12,199.01 6,211.00 6,062.68 148.32 6,136.33

    8 02/05/2022 6,136.33 6,211.00 6,136.33 74.67 0.00

    TOTAL 49,688.00 47,076.00 2,612.00

    D DATE DESCRIPTION AMOUNT

    Generated on (Date & Time): Tuesday, October 26, 2021 11:00:45 AM

    *** END OF REPORT ***

    This is a computer generated letter and does not require signature.

    Pages 1 OF 1
    IDFC FIRST Bank Limited (formerly IDFC Bank Limited)
    Naman Chambers, C 32, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051 Tel: +91 22 7132 5500 Fax: +91 22
    2654 0354
    Registered Office: KRM Towers, 7th Floor, No. 1, Harrington Road, Chetpet, Chennai 600031. Tel: +91 44 4564 4000 Fax: +91
    44 4564 4022 CIN: L65110TN2014PLC097792 www.idfcfirstbank.com

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