| Type |
Charges |
| ROI Min |
15% |
| ROI Max |
30% |
| Processing Fee |
Up to 3% of Loan Amount (LA) |
| Documentation Charges |
Rs.1500/- |
| Cheque Bounce/ EMI Return Charges |
Rs. 500/- |
| Cheque / Instrument Swap Charges |
Rs. 500/- |
| Duplicate Statement Issuance Charges |
Rs. 500/- |
| Duplicate Amortization Schedule Charges |
Rs. 500/- |
| NOC |
Rs. 500/- |
| Penal Interest |
2% pm |
| Pre Payment Charges |
Not allowed |
| Foreclosure Charges |
5% of the Principal Outstanding |
| Part Payment charges |
5% of the Part Payment amount |
| Stamp Duty |
At Actuals |
| Issuance of Credit Report |
Rs. 50/- |
| PDD Collection Charges |
Rs. 500/- |
| Legal, Repossession or incidental charges |
At Actuals |
* All of the above charges are subject to change as per Bank's discretion from time to time
* Goods and Service tax as applicable will be levied
* Part payment will be allowed twice in a loan calendar year and once in loan calendar month
* The minimum amount accepted for part payment will be equal to one EMI & maximum amount will be 25% of balance principal in one year
