Service Charges & Fees

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  • General Schedule of Features and Charges for Loan
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    General Schedule of Features and Charges for Loan

    LoanBusiness LoanPersonal LoanHousing FinanceLoan Against PropertyCommercial VehicleLight Commercial VechileUnnati Auto FinanceConstruction EquipmentTractor FinanceGold LoanEducation LoanWorking Capital
    Interest Rate-11.5% to 24%-------10.5% to 17% depending on purpose & profile and discretion of bank11.5% to 24%-
    Loan Processing ChargesUpto 3% of Loan amountUpto 2.5% of the loan amount+ service tax / GST and other applicable statutory leviesUpto 1.25% of Loan amountUpto 2% of Loan amountUpto 2% of Loan amountUpto 2% of Loan amountUpto 2% of Loan amountUpto 2% of Loan amountUpto 2% of Loan amountUpto 2% of Loan amountUpto 2% of the loan amount+ service tax and other applicable statutory leviesMaximum 1.25% of the Facility Amount (plus Service Tax and other applicable statutory levies)
    Documentation ChargesUpto Rs. 5000-0.5% of the Loan amountUpto Rs. 10000Upto Rs. 5000Upto Rs. 5000Upto Rs. 5000Upto Rs. 5000Upto Rs. 5000Nil-Rs. 5,000/-(plus Service Tax and other applicable statutory levies) per instance
    Stamping ChargesApplicable as per the respective State's Stamp ActApplicable as per the respective State's Stamp ActApplicable as per the respective State's Stamp ActApplicable as per the respective State's Stamp ActAt ActualsAt ActualsAt ActualsAt ActualsAt ActualsApplicable as per the respective State's Stamp ActApplicable as per the respective State's Stamp ActApplicable as per the respective state stamp act
    Credit Administration Charges---------NIL--
    Credit Appraisal Charges-Upto 5% of the Loan amount, not exceeding Rs. 7500 (inclusive of GST / Service tax)-------Minimum Rs. 250, Maximum Rs. 2000, Based on number of ornaments, Weight & Bank Loan, first appraisal Minimum Rs. 250, Maximum Rs. 2000, Based on number of ornaments, Weight & Bank Loan, second appraisal if required as per bank Norms No appraisal charge for auto renewalUpto 5% of the Loan amount, not exceeding Rs. 7500(inclusive of service tax)-
    Commitment Charges--2% on loan sanctioned less amount disbursed2% on loan sanctioned less amount disbursed-----Rs. 1250/- 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%)-Up to higher of 1% of un-utilized amount or Rs. 10,000/- (plus Service Tax and other applicable statutory levies) in case average utilization of limits for the quarter is below 60% applicable statutory levies) of the unutilized amount in case of utilisation
    Overdue Interest3% of Overdue Amount, compounded monthly3% of Overdue Amount, compounded monthly on the amount due but unpaid from the date of the amount falling due till the date of actual payment2% of Overdue Amount, compounded monthly2% of Overdue Amount, compounded monthly3% of Overdue Amount, compounded monthly3% of Overdue Amount, compounded monthly3% of Overdue Amount, compounded monthly3% of Overdue Amount, compounded monthly3% of Overdue Amount, compounded monthly3% of Overdue Amount, compounded monthly3% of Overdue Amount, compounded monthly on the amount due but unpaid from the date of the amount falling due till the date of actual paymentMaximum 3% p.m. (plus Service Tax and other applicable statutory levies) compounded monthly, on outstanding/unpaid amount
    Collection Charges30% of penal and cheque bouncing charges30% (inclusive of service tax / GST and other applicable statutory levies)of cheque / instrument dishonour charges+ overdue interest30% of penal and cheque bouncing charges30% of penal and cheque bouncing charges30% of penal and cheque bouncing charges30% of penal and cheque bouncing charges30% of penal and cheque bouncing charges30% of penal and cheque bouncing charges30% of penal and cheque bouncing chargesAt the discretion of bank subject to maximum 30% of overdue amount30%(inclusive of service tax and other applicable statutory levies)of cheque/instrument dishonour charges+ overdue interest-
    Dishonour Charges Per InstanceRs. 750.00Rs. 750.00 per instance (inclusive of service tax / GST and other applicable statutory levies)Rs. 750.00Rs. 750.00Rs. 750.00Rs. 750.00Rs. 750.00Rs. 750.00Rs. 750.00Rs. 750.0/-Rs. 750.00 per instance(inclusive of service tax and other applicable statutory levies)Rs. 750/- (plus Service Tax and other applicable statutory levies) per instance
    Swap Charges( Replacement of PDCs)Upto Rs. 500 per Swap per InstanceUpto Rs. 500 per Swap per Instance+ service tax / GST and other applicable statutory leviesUpto Rs. 500 per Swap per InstanceUpto Rs. 500 per Swap per InstanceUpto Rs. 500 per Swap per InstanceUpto Rs. 500 per Swap per InstanceUpto Rs. 500 per Swap per InstanceUpto Rs. 500 per Swap per InstanceUpto Rs. 500 per Swap per InstanceUp to Rs. 500/- per Swap per InstanceUp to Rs. 500 per Swap per Instance+ service tax and other applicable statutory leviesRs. 500/- (plus Service Tax and other applicable statutory levies) per instance
    Prepayment Interest / Forclosure ChargesLock in period till payment of first 6(six) monthly instalment fully. Post 6 EMIs, 5% of foreclosure Loan Amount (plus Service Tax and other applicable statutory levies)Lock in period for 12 months. After 12 months, 5% foreclosure charges + service tax / GST on principal outstandingFor Individual Floating Rate Home Loans we allow full prepayment of the loan anytime (after the full disbursement of the loan) with NIL charges. For Mortgage Loans (Other than Individual Floating Rate Home Loans) we do not allow full prepayment for a period of 6 months from the date of your first EMI. 4% of Principal Outstanding +4% on amount prepaid in last 12 monthsFor Individual Floating Rate Term Loans, we allow full prepayment of the loan anytime with NIL Prepayment / Foreclosure Charges. For Floating Rate Term Loans to Non-individuals, we do not allow part / full prepayment for a period of 6 months from the date of your first EMI. Post 6 EMIs, 4% of Principal Outstanding + 4% on amount prepaid in last 12 months shall be levied on Full Foreclosure.5% of Principal Outstanding as per reducing balance method on the date of repayment5% of Principal Outstanding as per reducing balance method on the date of repayment5% of Principal Outstanding as per reducing balance method on the date of repayment5% of Principal Outstanding as per reducing balance method on the date of repayment5% of Principal Outstanding as per reducing balance method on the date of repayment2.25% of fore closure amount if closed 1 month ahead of the tenure.
    However charges may be waived of partially or fully at the discretion of Bank.
    Lock in period for 12 months. After 12 months, 5% foreclosure charges + service tax on principal outstanding4% of sanction amount (plus Service Tax and other applicable statutory levies)
    Duplicate Issue of NOCRs. 500/-Rs. 500 + service tax / GST and other applicable statutory levies per instanceRs. 500/-Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/-NARs. 500 + service tax and other applicable statutory levies per instanceRs. 500/- (plus other applicable statutory levies) per instance
    Solvency CertificateRs. 10000/- Rs. 10000/-Rs. 10000/------NA-Rs. 10000/-
    No Due CertificateNILRs. 500 + service tax / GST and other applicable statutory levies per instanceNILNIL-----NIL to Rs 50 as per discretion of bankRs. 500 + service tax and other applicable statutory levies per instanceRs. 500/- (plus other applicable statutory levies) per instance
    Charges for furnishing a copy of the credit information report (CIBIL) to the applicant.Rs. 50/-Rs. 50 + service tax / GST and other applicable statutory levies per instanceRs. 50/-Rs. 50/-Rs. 50/-Rs. 50/-Rs. 50/-Rs. 50/-Rs. 50/-Rs. 50/- plus service taxRs. 50 + service tax and other applicable statutory levies per instanceRs. 50/- (plus Service Tax and other applicable statutory levies) per instance
    Charges applicable in case customer requests for copies of records pertaining to his transactions ( SOA / Amortization Schedule)Once yearly without any charge. Post that Rs. 250 per request.Once yearly without any charge. Post that Rs. 250 per request+ service tax / GST and other applicable statutory leviesOnce yearly without any charge. Post that Rs. 250 per request.Once yearly without any charge. Post that Rs. 250 per request.Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/-First instance without any charge. Post that, Rs. 250/- per request.-Rs. 500/-
    APAC Reschedulement--1% of outstanding loan amount1% of outstanding loan amount--------
    Part Foreclosure Charge--NIL for pure Individual Floating Rate home loans. Upto 25% of outstanding with a gap of 6 month without charges, exceeding that 4% of Principal Outstanding for other products
    After 6 months from the due date of first EMI / MI, upto 25% of outstanding with a gap of 6 month without charges, exceeding that 4% on excess part pre-payment amount, after the reduction of the eligible part payment amount.
    NIL charges for Individual borrower/s Floating Rate term loans for any amount.
    -------4% of sanction amount (plus Service Tax and other applicable statutory levies)
    Payment Processing Charge----Rs. 1000/-Rs. 1000/-Rs. 1000/-Rs. 1000/-Rs. 1000/----
    Valuation Charges for Used/RF Vehicles ----Within city - Rs. 1000/-
    Outside city - Rs. 1500/-
    Within city - Rs. 1000/-
    Outside city - Rs. 1500/-
    Within city - Rs. 1000/-
    Outside city - Rs. 1500/-
    Within city - Rs. 1000/-
    Outside city - Rs. 1500/-
    Within city - Rs. 1000/-
    Outside city - Rs. 1500/-
    ---
    Repossession Charges ----Upto Rs. 15,000/-Upto Rs. 15,000/-Upto Rs. 15,000/-Upto Rs. 25,000/-Upto Rs. 15,000/----
    Credit Adminstration Charges ----Upto Rs. 6,000/-Upto Rs. 6,000/-Upto Rs. 6,000/-Upto Rs. 6,000/-Upto Rs. 6,000/----
    Duplicate Foreclosure Statement Charges ----Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/----
    NOC for National Permit ----Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/----
    NOC for State Permit ----Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/----
    NOC for Change in Body Type----Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/-Rs. 500/----
    Rebooking of Loans (due to change in borrowing structure, change of property / Asset / Collateral etc.)--0.5% of the Loan Amount Outstanding or Rs. 10000/- per event of Property Whichever is higher0.5% of the Loan Amount Outstanding or Rs. 10000/- per event of Property Whichever is higherRs. 2,500/-Rs. 2,500/-Rs. 2,500/-Rs. 2,500/-Rs. 2,500/----
    Change in Installment Due Date --Rs. 5000/- + broken period interest (if any) Or 0.5% of the Loan Amount + broken period interest (if any) Whichever is lessRs. 5000/- + broken period interest (if any) Or 0.5% of the Loan Amount + broken period interest (if any) Whichever is lessRs. 1,000/-Rs. 1,000/-Rs. 1,000/-Rs. 1,000/-Rs. 1,000/----
    Change in Property / Asset / Collateral--0.5% of the Loan Amount Outstanding or Rs. 10000/- per event of Property Whichever is higher0.5% of the Loan Amount Outstanding or Rs. 10000/- per event of Property Whichever is higherRs. 2,000/-Rs. 2,000/-Rs. 2,000/-Rs. 2,000/-Rs. 2,000/---Up to .25% of sanction amount (plus Service Tax and other applicable statutory levies)
    Copy of Any Property/Loan Document----Rs. 1,000/-Rs. 1,000/-Rs. 1,000/-Rs. 1,000/-Rs. 1,000/---Rs. 500/- (plus Service Tax and other applicable statutory levies) per instance
    Asset Verification Charges - Immovable Assets----At ActualsAt ActualsAt ActualsAt ActualsAt Actuals---
    Legal / Incidental Charges*----At ActualsAt ActualsAt ActualsAt ActualsAt ActualsActual charges--
    NOC to Convert From Private to Commercial Registration ----Rs. 2,000/-Rs. 2,000/-Rs. 2,000/-Rs. 2,000/-Rs. 2,000/----
    NOC to Convert From Commercial to Private Registration ----Rs. 2,000/-Rs. 2,000/-Rs. 2,000/-Rs. 2,000/-Rs. 2,000/----
    Re-issuance of Pay Order--Rs. 100/- per instanceRs. 100/- per instance--------
    Non Compliance with Sanction Terms and Conditions-----------Up to 2% p.m. in the first month of delay, up to 3% p.m. thereafter (plus Service Tax and other applicable statutory levies) on outstanding/unpaid amount
    End-use Certificate Delays-----------Up to Rs. 5,000/- p.m. (plus Service Tax and other applicable statutory levies) until the certificate is submitted
    Net Worth Statements Delays-----------Up to Rs. 10,000/- p.m. (plus Service Tax and other applicable statutory levies) until it is submitted

    Disclaimer

    *Taxes as applicable
    "Blank / -" denotes that these charges are not applicable to the concerned business division