Interest Rate
|
Min : Prevailing MCLR Or Reference Rate Max : 24%
|
Loan Processing Charges
|
Up to 3% of Loan amount
|
Documentation Charges
|
Up to Rs. 5000/-
|
Stamping Charges
|
At Actuals
|
Credit Appraisal Charges
|
-
|
Commitment Charges
|
-
|
Overdue Interest
|
3% of Overdue Amount, compounded monthly
|
Collection Charges
|
30% of penal and cheque bouncing charges
|
Dishonour Charges Per Instance
|
Rs. 750/-
|
Swap Charges( Replacement of PDCs)
|
Upto Rs. 500 per Swap per Instance
|
Prepayment Interest / Forclosure Charges
|
4% of Principal outstanding as per reducing balance method on the date of repayment
|
Duplicate Issue of NOC
|
Rs. 500/-
|
Solvency Certificate
|
-
|
No Due Certificate
|
-
|
Charges for furnishing a copy of the credit information report (CIBIL) to the applicant.
|
Rs. 50/-
|
Charges applicable in case customer requests for copies of records pertaining to his transactions ( SOA / Amortization Schedule)
|
Rs. 500/-
|
APAC Reschedulement
|
-
|
Part Foreclosure Charge
|
-
|
Payment Processing/Handling Charge
|
Rs. 1000/- + GST
|
Valuation Charges
|
As per Actual
|
Repossession Charges
|
At Actuals + GST
|
Duplicate Foreclosure Statement Charges
|
Rs. 500/-
|
NOC for National Permit
|
Rs. 500/-
|
NOC for State Permit
|
Rs. 500/-
|
NOC for Change in Body Type
|
Rs. 500/-
|
Rebooking of Loans (due to change in borrowing structure, change of property / Asset / Collateral etc.)
|
Rs. 2,500/-
|
Change in Installment Due Date
|
Rs. 1,000/-
|
Change in Property / Asset / Collateral
|
Rs. 2,000/-
|
Copy of Any Property/Loan Document
|
Rs. 1,000/-
|
Asset Verification Charges - Immovable Assets
|
At Actuals
|
Legal / Incidental Charges*
|
At Actuals
|
NOC to Convert From Private to Commercial Registration
|
Rs. 2,000/-
|
NOC to Convert From Commercial to Private Registration
|
Rs. 2,000/-
|
Re-issuance of Pay Order
|
-
|
Non Compliance with Sanction Terms and Conditions
|
-
|
End-use Certificate Delays
|
-
|
Net Worth Statements Delays
|
-
|
*Taxes as applicable
|
As applicable
|
GST and service charge
|
As applicable
|
"Blank / -" denotes that these charges are not applicable to the concerned business division
|