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% Flat interest rate
This amount is an estimate, a final offer will be after you apply
Your loan estimate
Total Repayment Amount
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Loan Amount
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Interest Amount
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Management fees
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Maintenance fees
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Late fees
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Total repayment amount
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*Shara doesn’t charge any fees compared to other lenders

Loan comparison

When comparing loans, you can’t just look at the amount you’re borrowing. You have to consider all factors. This table helps you consider all associated costs and determine which loan is best for you.
Interest RateManagement FeesAdmin FeesProcessing FeesMaintenance FeesInsuranceTotal Monthly Rate
Shara
7%
0%
0%
0%
0%
0%
7%
Traditional Banks
3.5%
1%
1%
1%
1%
1%
8.5%
Microfinance Bank
5.5%
1.5%
1%
1.3%
0%
1%
9.3%
Other Digital Lenders
8%
2%
1%
1%
1%
1%
13%
Payment Service Banks
10%
0%
0.9%
.10%
0%
1%
11%