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Scheduled of Charges for ABG - Agri Project

Sr. No.	Type of charges /penalties	Exisiting wef 10 Dec 2021
1	Documentation charges	NTB / Enhancements Upto Rs. 3000 per CRN
2	Stamping Charges	At Actuals
3	Overdue / Penal Interest	3% of Overdue Amount per month, compounded monthly
4	Collection charges	30% of penal and cheque bouncing charges
5	Dishonour charges per Instance (Cheque / Standing Instructions / ECS / NACH)	Rs. 750
6	Swap Charges( Replacement of PDCs) / Change of SI Instructions / NACH	Upto Rs. 500 per Swap per Instance
7	Foreclosure / Takeover Charges (in case of term loan Other than Individuals and Fixed rate Individuals)	3% of Principal Outstanding (In case of own funds NIL# & any other source 3%)
8	Foreclosure / Takeover Charges (All facilities except Term Loans)	3% of Sanction Limit (In case of own funds NIL# & any other source 3%)
9	Processing Charges for closure of A/C (Term Loan A/C Of Individuals having Floating Rate)	2% of Principal Outstanding
10	Prepayment / Takeover Charges (in case of Term loan)	3.00% of amount prepaid (In case of own funds NIL# & any other source 3%)
11	Charges for furnishing a copy of Credit Rating Report (CIBIL) to the applicant	Rs. 250
12	Charges applicable in case customer requests for copies of records pertaining to his transactions ( SOA / Amortization Schedule) per Transaction	Rs. 500
13	Issuance of credit solvency certificate of the customer	Rs. 5,000
14	Loan Cancellation charges	Rs. 2500 per agreement
15	Duplicate Foreclosure statement charges	Rs. 500
16	Duplicate NO Due Certificate A/C Closure	Rs. 5,000
17	Rebooking charges	Rs. 2,500
18	Title Clearance Charges	At Actuals
19	Mortgage Charges	At Actuals as per state laws
20	Stock audit charges	Rs.5000 per audit
21	Stock/ Property insurance policy delays	Rs.5000 per delay beyond 15 days of expiry of cover
22	Collateral Management Agency charges	1% of utilisation or Rs.35000/- per location pm or as per actual cost.
23	Closure /Foreclosure / Pre Closure/ Takeover Fee	3% of the limit/s sanctioned (In case of own funds NIL# & any other source 3%)
24	Stock statement delays (Beyond Due Date)	Rs.5000 per delay pm beyond 15th of next month
25	Service Charges/PF	upto 2% of limit for TLs & 1% for WC
26	ROC Search Charges	At Actuals
27	Valuation Charges Per Property	Rs. 4000
28	Legal Charges per Property	Rs. 3500
29	Renewal PF to be debited from Borrower A/C upon Expiry of 12 months of Limit	0.25% of Limits
30	Minimum limit utilization charges if below 25% / Quarter / CRN	Rs. 5,000 / Quarter / CRN
31	If Utilization is < 50% or > 90% during the facility period of 12 months	ROI to be Increased from 1% to 2%
32	Minimum churning if below 25% / Quarter / CRN against the Limit Approved (OD/CC of Non -Individuals Amount)	Rs. 10,000 / Quarter / CRN
33	Minimum TBC maintenance (As per SL)	Rs. 20,000
34	Change in Instalment due date	Rs. 2,500
35	Change / Part release of collaterals - Charges per property as per Customer request	Rs. 5,000
36	Deferral Not Submitted On Time	Rs. 2500 / Month / CRN (15 Days post Expiry of due date of Deferral)
37	Terms of Sanction Letter Not Adhered (Covenants)	Rs. 5000.00 / CRN / Month
38	Increase in Rate of Interest	If the account conduct is unsatisfactory for reasons like poor average credit churning of 25 % and/or high average utilisation of 95 % or above during review period, account marked under EWS, external credit rating downgrade for the account, Account in DPD for three Consecutive months for EMI/Interest Servicing or for any other deficiency either credit or Risk related, after a comprehensive review of the account ,Bank & increase the applicable ROI from 0.5% to 5 %
39	Loan Closure intimation:	In the event of borrower desiring to foreclose the loan facility/ies ; in such case the borrower is required to give 30 days advance notice in writing to the bank for his intention to foreclose the account/s and seek consent from the bank.
40	Non-compliance Charges:	2.50% p.m.* + applicable taxes shall be applicable in following scenarios: 1. In the event of non-closure of revolving limit/s on the date of expiry as per the Sanction letter/s or non-renewal of such revolving limit/s as specified in Sanction Letter due to non-submission of requisite financial documents/execution of loan documents if any by the borrower ) on the total exposure 2. Non Submission of Collateral/s or Property documents and/or No dues Certificate etc. after disbursement of loan facility/ies. *( To be calculated as sum of limits of revolving lines and principal outstanding of non-revolving lines )
Plus applicable Taxes As per Government Policy
# NIL : if through own funds ( generated out of their own business activities ) is applicable to Micro & Small Enterprises only.

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You are never too far away from quick, efficient banking services. Locate your nearest branch or an ATM.

For assistance, call us at 1800 209 5600 from Monday to Saturday (9:30 am to 6:30 pm, excluding holidays)

Your opinion is important to us. We'll check how we can use it to improve our services

Agri Project Loan

Scheduled of Charges for ABG - Agri Project

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Agri Project Loan

Scheduled of Charges for ABG - Agri Project

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