Comfy Loans are a relatively smaller amount of loans which offers customers flexible repayment options. The customer pays only the interest part of loan on monthly basis and the principal amount is paid on quarterly basis which interns reduces the interest liability for the following quarter.

Example- Ramesh takes a loan of 100000 for a period of 1 year, assuming ROI to be 2.5% monthly, Ramesh will pay Rs 2500 on a monthly basis up to the first 3 months; after the first quarter, 25000 from the principal amount will be paid and then for the following quarter 2.5 % on the outstanding loan amount, i.e,- Rs 1875 will be paid and in this manner, the entire principal amount will be paid by the end of the loan tenure.