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  • Repayment Schedule 041009222

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    The document outlines the repayment schedule for a loan of Rs. 38,625 taken by Devendra Kumar from IDFC FIRST Bank. It is an 8 month loan at an interest rate of 17.48% to be repaid in equal monthly installments of Rs. 5,150. The schedule shows the opening and closing principal amounts, interest and principal components of each installment. The total interest to be paid is Rs. 2,576 and the total amount to be repaid is Rs. 41,201.

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    The document outlines the repayment schedule for a loan of Rs. 38,625 taken by Devendra Kumar from IDFC FIRST Bank. It is an 8 month loan at an interest rate of 17.48% to be repaid in equal monthly installments of Rs. 5,150. The schedule shows the opening and closing principal amounts, interest and principal components of each installment. The total interest to be paid is Rs. 2,576 and the total amount to be repaid is Rs. 41,201.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    4 views1 page

    Repayment Schedule 041009222

    Uploaded by

    devendra4200.dk
    The document outlines the repayment schedule for a loan of Rs. 38,625 taken by Devendra Kumar from IDFC FIRST Bank. It is an 8 month loan at an interest rate of 17.48% to be repaid in equal monthly installments of Rs. 5,150. The schedule shows the opening and closing principal amounts, interest and principal components of each installment. The total interest to be paid is Rs. 2,576 and the total amount to be repaid is Rs. 41,201.

    Copyright:

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

    REPAYMENT SCHEDULE

    Business Unit CLEI

    Location DELHI

    Customer Name: DEVENDRA KUMAR

    Loan Account Number 104505991

    Loan Disbursement Date 04/02/2023

    Property Value

    Frequency Monthly EMIs

    Amount Financed 38,625.00

    Rate of Interest 17.48

    Tenure (Months) 8

    Advance EMI 0.00

    Instl Due Date Opening Installment Principal Interest Closing Principal


    Num Principal Amt

    1 03/03/2023 38,625.00 5,150.00 4,587.27 562.73 34,037.73

    2 03/04/2023 34,037.73 5,150.00 4,654.10 495.90 29,383.63

    3 03/05/2023 29,383.63 5,150.00 4,721.91 428.09 24,661.72

    4 03/06/2023 24,661.72 5,150.00 4,790.70 359.30 19,871.02

    5 03/07/2023 19,871.02 5,150.00 4,860.49 289.51 15,010.53

    6 03/08/2023 15,010.53 5,150.00 4,931.31 218.69 10,079.22

    7 03/09/2023 10,079.22 5,150.00 5,003.15 146.85 5,076.07

    8 03/10/2023 5,076.07 5,151.00 5,076.07 74.93 0.00

    TOTAL 41,201.00 38,625.00 2,576.00

    D DATE DESCRIPTION AMOUNT

    Generated on (Date & Time): Thursday, April 27, 2023 4:10:10 AM

    *** END OF REPORT ***

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

    Pages 1 OF 1
    IDFC FIRST Bank Limited
    Registered Office: KRM Towers, 7th Floor, No. 1, Harrington Road, Chetpet, Chennai 600031. Tel: +91 44 4571 6400 CIN:
    L65110TN2014PLC097792, bank.info@idfcfirstbank.com,www.idfcfirstbank.com

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