General Schedule of Features and Charges for Loan
Rates as of November 1, 2008
Loan Personal Loan Housing Finance Commercial Vehicle Construction Equipment Saral Auto Tractor Finance Gold Loan
Loan Processing Charges Upto 3% of Loan amount Upto 1.25% of Loan amount Upto 3% of Loan amount Upto 3% of Loan amount Upto 3% of Loan amount Upto 3% of Loan amount Upto 2% of Loan amount
Documentation charges Upto 5000 0.5% of the Loan amount Upto 5000 Upto 5000 Upto 5000 Upto 5000 Nil
Stamping Charges Applicable as per the respective State’s Stamp Act Applicable as per the respective State’s Stamp Act Applicable as per the respective State’s Stamp Act Applicable as per the respective State’s Stamp Act Applicable as per the respective State’s Stamp Act Applicable as per the respective State’s Stamp Act Applicable as per the respective State,s Stamp Act
Loan Cancellation charges Upto 2500 per Agreement Upto 2500 per Agreement Upto 2500 per Agreement Upto 2500 per Agreement Upto 2500 per Agreement Upto 2500 per Agreement Nil
Commitment Charges             1250.0/- per quarter or 0.5% per quarter of the limit un-utilized (applicable only to Overdraft facility where average quarterly limit utilization is below 50%)
Ove due Interest 3% of Overdue Amount, compounded monthly 3% of Overdue Amount, compounded monthly 3% of Overdue Amount, compounded monthly 3% of Overdue Amount, compounded monthly 3% of Overdue Amount, compounded monthly 3% of Overdue Amount, compounded monthly 3% of Overdue Amount, compounded monthly
Collection charges 30% of penal and cheque bouncing charges 30% of penal and cheque bouncing charges 30% of penal and cheque bouncing charges 30% of penal and cheque bouncing charges 30% of penal and cheque bouncing charges 30% of penal and cheque bouncing charges 250.0/-
Dishonour charges per Instance 750.00 750.00 750.00 750.00 750.00 750.00 750.0/-
Swap Charges( Replacement of PDCs) Upto 500 per Swap per Instance Upto 500 per Swap per Instance Upto 500 per Swap per Instance Upto 500 per Swap per Instance Upto 500 per Swap per Instance Upto 500 per Swap per Instance Upto 500.0/- per Swap per Instance
Prepayment Interest 6%,if within 6 months of the date of Agreement, 5% after 6 months 2% of Principal Outstanding +2% on amount prepaid in last 12 months 5% of Principal outstanding 5% of Principal outstanding 7% ,if within 12 months of the date of Agreement, 5% after 12 months 5% of Principal outstanding 2% of amount foreclosed for Overdraft & Term Loan - Bullet facility.
3% of amount foreclosed for Term Loan - EMI facility.
Audit and Inspection charges NA NA NA NA NA 1000/ per year NA
Duplicate Issue of NOC 500/- 500/- 500/- 500/- 500/- 500/- NA
Solvency Certificate 1000/- 1000/- 1000/- 1000/- 1000/- 1000/- NA
No Due Certificate NIL NIL NIL NIL NIL NIL NIL
Charges for changing from Fixed to floating rates of Interest and Vice versa NA NA NA NA NA NA NA
Charges for furnishing a copy of the credit information report (CIBIL) to the applicant. 50/- 50/-         50.0/-
Charges applicable in case customer requests for copies of records pertaining to his transactions. Once yearly without any charge. Post that 250 per request. Once yearly without any charge. Post that 250 per request.         First instance without any charge. Post that, 250.0/- per request.