Tonik Loan Calculation

Following is common way for Tonik Loan Calculation. Let’s begin.

How to calculate?

• Loan Amount: Let’s provide you with 100,000 Philippine Pesos (PHP).
• Interest Rate: The annual interest rate is typically expressed as a percentage. For this example, let’s assume the annual interest rate of Tonik flex loan is 10%.
• Loan Term: The loan term is the period over which you will repay the loan. If it’s a one-year loan, the loan term is 1 year.

Read more:

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• How to pay Tonik loan using gcash
• Why Does Tonik loan Declined
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