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): 18.89%
• Amount Disbursed: ₹49,000 (₹50,000 loan amount minus ₹1,000 processing fee)
• Total Repayment Amount: ₹54,156

This example shows the breakdown of the costs, including interest, processing fees, and the total repayment amount over the loan period.