ANUNAYNAMA / MONEY EXPLAINED
Interest rate is not the full loan cost: understand APR
Hindi audio and Hindi subtitles · AI-assisted narration and visuals
The explanation
Compare the annual percentage rate (APR), Key Facts Statement (KFS), repayment schedule and total repayment alongside the stated interest rate. This explainer concerns retail and MSME term loans within the RBI KFS circular’s scope; credit-card receivables are outside that circular. Fees absent from the KFS require explicit consent under the applicable rule.
Educational examples only. Check the rules currently applicable to your bank and product before acting.
Sources & further reading
Source review: 2 November 2026. Rules and product terms can change.
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