You can avail up to 10 Lakhs. The actual loan amount eligibility will be calculated based on your income and other parameters that the Affirmative Relationship Manager will explain.

You can repay your loan over a period of 12 months to 60 months.

At the time of booking of your loan, the EMI (Equated Monthly Installments) will be calculated based on the loan amount sanctioned, interest rate and the tenor.

EMI or 'Equated Monthly Installment' is the convenient monthly amount that you have to service to pay back the loan availed. The EMI consists of both the principal and interest components.

Yes, you can repay your loan at any time during the loan tenure after 6 EMIs are paid. Also, there shall be foreclosure charges payable by you.

Yes, if you are an existing customer of Affirmative, you will get additional benefits on the processing fee as well as the interest rate. What's more, you will be eligible for a pre-qualified Top Up on your existing Principal Outstanding.

Your credit card can be an option, but withdrawing cash using a credit card can turn out to be very costly if you do not repay it quickly. Interest rates on credit card cash withdrawals can go as high as 40 per cent on an annual basis depending on the type of card you use and you also do not get the interest free period to pay back. In short, interest is charged from the moment you withdraw the cash. There is also an additional transaction charge that is levied on the withdrawal at the ATM. In comparison, a Personal Loan is cheaper and the repayment can be spread over a long period.