Annual Percentage Rate (APR)

An annual percentage rate is an annual rate that is charged on the loan amount that a person borrows or the rate charged on the money that is earned through an investment. It is different from the interest rate on a loan, in the sense that it also takes into account the fees that you may have to pay while taking out the loan.

Points to remember

  • Annual Percentage Rate gives the borrower an idea of the amount you will pay if you take a loan.
  • While an interest rate and APR are typically the same, APR also takes into account any charges you may have to pay as fees.
Related Terms
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NACH
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Personal Loan EMI Calculator

Skip the manual calculations. Use the Fibe EMI Calculator to accurately determine your repayment amounts, interest charges, and more.

Fibe's personal loan EMI calculator is your reliable tool to determine your loan EMI in just a few minutes and some simple steps. Fibe offers personal loan of up to Rs 5 lakhs with minimal documentation and quick processing. Coupled with interest rates as low as Rs 9/day, this is by far your most compelling credit option in the market. Calculate your monthly repayments based on your sanctioned loan amount and interest rates using this handy EMI calculator that's operate and easy to understand. With Fibe, you can even prepay your loan amount with no additional charges.

Your EMI Amount is

₹  

13,107

Loan Amount

145,000

Min

Max

₹8,000

₹10,00,000


Interest rate

14%

12

30


Select EMI option

12 Months

3

36

Months

Months