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Frequently Asked Questions
Get quick funds for your business in 72 hours.
Rate of Interest
15 - 16.25%
Loan Processing Fees
2% of loan/facility amount (Plus Goods & Service tax and other applicable statutory levies)
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
Premature Closure charges
Foreclosure if done before annual review date 2% (+GST) of sanctioned limit would be charged towards pre closure
Annual Review Charges
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