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Important Regulatory Disclosure

NeoLoanKart (neoloankart.in) operates as an independent loan facilitator and strategic financial consultancy, not a direct bank, NBFC, or lender. We assist borrowers in comparing loan products, structuring credit files, and coordinating applications across our wide network of leading Banks and NBFCs. Final interest rates, sanctioned amounts, repayment tenures, processing fees, and credit approvals depend solely on the respective lending institution's policies and applicant eligibility. We never demand unauthorized upfront cash from borrowers.

Personal & Retail Loan Representative APR Illustration

Repayment Period: Minimum 12 months to Maximum 84 months (for standard retail loans). Maximum Annual Percentage Rate (APR): Up to 24% p.a. (inclusive of applicable interest rate and standard lender processing fees of 0.5% to 2.5% + GST, subject to credit profile).
Representative Example: For a Personal Loan of ₹5,00,000 sanctioned at an interest rate of 12.50% p.a. (reducing balance) for a tenure of 36 months (3 years), the Monthly EMI will be ₹16,727. With a one-time bank processing fee of 1.5% (₹7,500 + GST), the total interest payable is ₹1,02,165, and the total amount repayable over 36 months is ₹6,02,165.

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