Greetings from a Muslim Friend to All. Hope all of you are doing good. Hello brother Harwinder84. Hope you are doing great too ?
If you may allow me I just wanted to correct you that in Islam charging Interest on Loan is Haram (forbidden) and is a big sin.
Allah has clearly mention in his book The Quran that such an act is sinful.
Reference of The Quran
surah Baqara Chapter 2 verse 278
O you who have believed, fear Allah and give up what remains [due to you] of interest, if you should be believers.