Here’s an example of the total cost of a personal loan from Jar, including all fees:Loan Amount/Principal: ₹50,000 Tenure: 12 months Rate of Interest: 15% per annum Processing Fee: ₹1,000 (2% inclusive of GST) Total Interest: ₹4,156 Equated Monthly Installments (EMI): ₹4,513 Annual Percentage Rate (APR): ...Read more
APR (Annual Percentage Rate): The APR can go up to 30%. Processing Fees: The processing fee for a personal loan ranges from 1.5% to 3% of the loan amount. This fee is also subject to GST.
The digital gold partner for Jar is Digital Gold India Private Ltd. This partnership ensures that the digital gold offered through the Jar app is secure, authenticated, and backed by physical gold stored in secure vaults.
Yes, Jar provides real-time updates on gold prices. The app features a ‘Gold Price Tool’ that allows users to monitor the current price of gold and make informed decisions regarding their gold investments and purchases.
The gold price on the Jar app is updated every minute. This frequent update ensures that users have access to the most current and accurate gold rates for their investments.
The maximum loan amount that can be obtained through Jar is ₹5 lakh.