Interest Rate and Charges Sample Clauses

Interest Rate and Charges. The Monthly Percentage Rate of Interest (“MPR”) for the direct Loan Accounts are [5%] or at such higher rate which the Bank may in its sole discretion (subject to applicable laws and regulations) determine from time to time and also as will be varied by the Bank under sub- clauses B and/or C below.

Interest Rate and Charges. The interest rate and any charges that apply to your account are set out in the Product Summary. The Product Summary also contains details about how we calculate and pay interest. You should be aware that we can change the amount of charges and the interest rate in some situations – see Section 6 below.

Interest Rate and Charges