APR Calculator

The Annual Percentage Rate (APR) Calculator reflects the total cost of borrowing, including interest rate and charges. The calculator will help in enhancing transparency and reduce information asymmetry on financial products being offered by Bank, thereby empowering borrowers for making an informed financial decision.

 

• The APR depends on various factors like interest rate, processing charge etc. The APR calculator is provided for customer convenience to compare the total cost of borrowing.
• The Annual Percentage Rate calculator is provided to compute annualised credit cost which includes interest rate and charges, applicable at the time of loan origination.
• The APR calculator does not include charges like stamp duty, prepayment charges, CERSAI Charges etc.
• To calculate APR, please provide input for Loan Amount in INR, Tenure in months, RoI (without %) and charges for your loan.
• On the basis of these above mentioned four fields calculator will show the APR in output field.
• The output values mentioned in the APR calculator are based on the input provided in the respective fields, as indicated in the calculator. You are requested to use the calculator to achieve the desired output.

UCO Bank shall not be responsible for any output produced due to changes in the calculator or incorrect input