Minimum Amount : 5000/- (Five Thousand Rupees)
Maximum Amount : 100000/- (One Lakh Rupees)
In case of non-repayment of EMI on due date, there would be a late payment panel interest for the delayed period @ .5% charge per day & would be applicable on the due amount over and above the applicable interest. Example - In case of Delay: Loan amount of Rs 10000 would have late penalty interest of Rs 50 per day (0.5% per day), over and above Interest charges.
Any additional payment made by You shall be refunded back within 30 days pursuant to the reconciliation of the accounts by Zed Finance. There will be no cancellation of the service once You have received the loan amount in Your bank account.