What does AOD for personal loan means?

AOD for a personal loan typically stands for "Annualized Percentage Rate" (APR) or "Annualized Overdraft Rate," which reflects the total cost of borrowing, including interest and any fees, expressed as a yearly rate. It helps borrowers understand the true cost of the loan and compare different loan offers effectively. An AOD calculation provides clarity on how much you'll pay over the life of the loan, allowing for better financial planning.