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Description of Charges
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Charges |
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Loan Processing Charges
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Upto 2% of loan amount + Service Tax |
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Non Refundable processing fees (included in processing fees)
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Rs.1500
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| Cheque bounce charges
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Rs.450
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| Late Payment charges
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3% pm on unpaid amount
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| Cheque swapping charges
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Rs. 500 per swap
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| Prepayment charges
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5 % within 12 months of disbursement, 4% thereafter (on the outstanding principle)
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| Loan cancellation and rebooking charges
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Rs. 2000
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| Loan reschedule charges
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3% on POS
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| Loan Statement charges ( per statement)
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Nil for 1 every half yearly, Rs 500 thereafter
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| NOC Issuance charges
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First - 'Nil', Thereafter Rs 500
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| Legal / repossession and incidental charges
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Actuals
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| Insurance Premium
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Actuals
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| Advance EMI
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Actuals
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