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Asked: 3 months ago2024-09-06T19:56:50+05:30 2024-09-06T19:56:50+05:30In: Commodities & Futures Trading, Finance, Investing

Does Jar offer personal loans? If so, what are the terms?

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Yes, Jar offers personal loans to its users. The terms for these personal loans are as follows:

Loan Amount: Users can apply for personal loans up to ₹5 lakh.
APR (Annual Percentage Rate): The APR for personal loans on Jar ranges up to 30%.
Repayment Period: The repayment period for personal loans can vary between 3 to 60 months.
Processing Fees: There is a processing fee of 1.5% to 3% of the loan amount, plus applicable GST.

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