
Fees and Charges | |
---|---|
Rate of Interest |
15 - 16.25% |
Loan Processing Fees |
2% of loan/facility amount (Plus Goods & Service tax and other applicable statutory levies) |
Stamping Charges |
Applicable as per the respective State’s stamp Act |
Overdue/Over line Interest rate |
3% p.m. (Plus Goods & Service tax and other applicable statutory levies) over and above the normal OD rate. This would be changed on the amount over and above OD limit |
Non Utilization charges
|
NA |
Premature Closure charges |
Foreclosure if done before annual review date 2% (+GST) of sanctioned limit would be charged towards pre closure |
Annual Review Charges |
NA
|
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