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| Fees and Charges - GSFC | |
|---|---|
| Interest Rate | Min : Prevailing MCLR Or Reference Rate |
| Max : 30% | |
| Service Charges | Upto 3% of Loan amount |
| Documentation Charges | Upto Rs. 5000 |
| Stamping Charges | At Actuals |
| Credit Administration Charges | Upto Rs. 2000/- |
| Loan Cancellation Charges | RS 2500 per agreement |
| Penal charges | Amounts standing unpaid on respective due dates shall attract penal charge at 8% per annum (to be charged for actual no. of days) on overdue amount plus applicable taxes. |
| Dishonour Charges Per Instance | Rs. 750 plus applicable taxes |
| Swap Charges (Replacement of PDCs) | Upto Rs. 500 per Swap per Instance |
| Duplicate Issue of NOC | Rs. 500/- plus applicable taxes |
| Charges applicable in case customer requests for copies of records pertaining to his transactions (SOA / Amortization Schedule) | Rs. 500/- plus applicable taxes |
| Prepayment Interest / Foreclosure Charges for Individual Borrowers | 4% foreclosure charges / pre-payment charges are applicable to the borrower for fixed rate terms loans sanctioned to individual borrowers. |
| Prepayment Interest / Foreclosure Charges for Non Individual Loans (Excluding MSE) | 4% Foreclosure/pre-payment charges are applicable on loans/facilities provided to all ‘Non - MSE’ borrowers. |
| Foreclosure charges for MSE | 2% foreclosure charges/ pre-payment charges are applicable on the outstanding amount (Utilized amount) in case of non-revolving loans/facilities and 2% on Sanctioned limit for revolving loans/facilities at the time of closure. |
| In revolving facilities at the time of renewal if customer does not wish to continue than such foreclosure charges are not applicable | |
| No Foreclosure charges shall be applicable to MSE (Micro and Small Enterprise) in case of closure of fixed rate loans up to sanctioned limit of INR 50.00 lakh. | |
| Part Foreclosure Charge : Max 2 times a year, | 2% of Amount paid + (taxes as applicable) |
| Valuation Charges for Used/RF Vehicles | Rs 1,000/- |
| Repossession Charges | Min 15000 or actual + Taxes as applicable whichever is higher |
| Duplicate Foreclosure Statement Charges | Rs. 500/- plus applicable taxes |
| Rebooking of Loans (due to change in borrowing structure, change of property / Asset / Collateral etc.) | Rs. 2,500/- plus applicable taxes |
| Change in Installment Due Date | Rs. 1,000/- plus applicable taxes |
| Legal / Incidental Charges* | Min. Rs. 5,000 or at actuals |
| Loan assignment charges | 2% of Principle O/S or 5000/- which ever is less plus applicable taxes |
| Taxes as applicable | |
| "Blank / -" denotes that these charges are not applicable to the concerned business division | |
