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Order Details
INR  1560.0 View Breakup
Order  #: DEAL17336-1158580
Order   Amount
1560.0
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INR   1560.0
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CCAvenue Checkout
Shopping online becomes easier and faster with CCAvenue Checkout. Simply save your name, billing address, shipping address and payment details (credit card / debit card or preferred bank for netbanking) in your CCAvenue secure account and shop across 85% of India's websites without having to enter these details ever again. Just login to your CCAvenue Checkout account, enter the CVV number and you are done!

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You can rely on CCAvenue to keep your information safe. We comply with the Payment Card Industry's highest Data security standards (PCI-DSS 2.0) to ensure that your personal information always remains encrypted and 100% secure to protect you against any identity theft and credit / debit card fraud.

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Key Fact Statement
Sr. No. Parameter Details (given for illustrative computation purposes only)
(i) Loan amount (amount disbursed/to be disbursed to the borrower) (in Rupees) 20,000
(ii) Total interest charge during the entire tenor of the loan (in Rupees) 3,274
iii) Other up-front charges, if any (break-up of each component to be given below) (in Rupees) 400
(a) Processing fees, if any (in Rupees) 160
(b) Insurance charges, if any (in Rupees) -
(c) Others (if any) (in Rupees) (details to be provided) - -
(iv) Net disbursed amount ((i)-(iii)) (in Rupees) 19,600
(v) Total amount to be paid by the borrower (sum of (i), (ii) and (iii)) (in Rupees) 23,6749
(vi) Annual Percentage Rate - Effective annualized interest rate (in percentage) (computed on net disbursed amount using IRR approach and reducing balance method) NA
(vii) Tenor of the Loan (in months/days) 24 months
(viii) Repayment frequency by the borrower Monthly Monthly
(ix) Number of instalments of repayment 24
(x) Amount of each instalment of repayment (in Rupees) 970
Details about Contingent Charge
(xi) Rate of annualized penal charges in case of delayed payments (if any)  Penal interest 3% on outstanding amount, cheque bounce charges Rs 450/- plus all applicable government levied taxes
(xii) Rate of annualized other penal charges (if any);  NA
Other disclosures
(xiii) Cooling off/look-up period during which borrower shall not be charged any penalty on prepayment of loan  3 days
(xiv) Details of LSP acting as recovery agent and authorized to approach the borrower  NA
(xv) Name, designation, address and phone number of nodal grievance redressal officer designated specifically to deal with FinTech/ digital lending related complaints/ issues  Nodal Officers (hdfcbank.com)

Detailed Repayment Schedule (Illustrative)

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