Charge Calculation
The description for charge calculation is as in the table below
| # | Charge Calculation | Description |
|---|---|---|
| 1. | Flat | Select Flat as charge calculation to charge flat amount. |
| 2. | % Approved Amount | Select % Approved Amount as charge calculation to calculate the charge amount based on the % of approved amount. |
| 3. | % Loan Amount + Interest | Select % Loan Amount + Interest as charge calculation to calculate the charge amount based on the % of sum of loan amount and interest. |
| 4. | % Interest | Select % Interest as charge calculation to calculate the charge amount based on the % of interest amount. |
| 5. | % Disbursement Amount | Select % Disbursement Amount as charge calculation to calculate the charge amount based on the % of disbursement amount. |
| 6. | Slab Based | Select Slab Based as charge calculation to calculate the charge amount based on the slab (with respective repayments number and Installment amount). Refer Slab Based Charge for more info |
| 7. | %(Loan Amount + Interest + Fees) | Select %(Loan Amount + Interest + Fees) as charge calculation to calculate the charge amount based on the % of sum of loan amount, interest and fees. |
