Annual Percentage Rate
We believe in the best people, product and policies.
We believe in the best people, product and policies.
The interest rate offered to customers is based on the ACHF PLR Rate. While offering the interest rate, Altum Credo would offer the following options to customers.
Type | Interest Rate |
---|---|
Housing Loan | 14.00%-17.00%* |
Non-Housing Loan | 15.00%-20.00%* |
*The above standard rates of interest may have some changes based on Credit Checks, property paper/Business vintage, and other parameters with the appropriate approvals.
The Annual Percentage Rate (APR) is a method to compute annualized credit cost which includes interest rate and loan processing fee. To calculate the annualized credit cost, please click here to download the APR calculator.