Can you give me an example of the repayment schedule on ₹1,00,000 on 32% interest rate for a 12 month tenure.

Let’s understand this : 

You lend ₹1,00,000 for 12 months at an interest rate of 32% p.a.

We’ve considered an NPA of 3.6%, based on the platform’s average. This can vary depending on borrower performance.

Here’s the breakdown:

Interest earned: ₹26,000

Estimated (NPA @ 3.6%):- ₹3,600

Platform fees: ₹6,000 (6% for a 12-month tenure; fees vary based on tenure)

After adjustments:

Net earnings: ₹22,400

Total received: ₹1,22,400

Net return: ~22.4% p.a.

Note: This is an illustrative example. Actual returns may vary based on borrower repayments and portfolio performance.

For a more precise estimate, you can use the Platform’s calculator