| Interest Rate
|
-
|
| Loan Processing Charges
|
Upto 2% of Loan amount
|
| Documentation Charges
|
Upto Rs. 10000
|
| Stamping Charges
|
Applicable as per the respective State's Stamp Act
|
| Credit Administration Charges
|
-
|
| Credit Appraisal Charges
|
-
|
| Commitment Charges
|
2% on loan sanctioned less amount disbursed
|
| Overdue Interest
|
2% of Overdue Amount, compounded monthly
|
| Collection Charges
|
30% of penal and cheque bouncing charges
|
| Dishonour Charges Per Instance
|
Rs. 750.00
|
| Swap Charges( Replacement of PDCs)
|
Upto Rs. 500 per Swap per Instance
|
| Prepayment Interest / Forclosure Charges
|
For Individual Floating Rate Term Loans, we allow full prepayment of the loan anytime with NIL Prepayment / Foreclosure Charges. For Floating Rate Term Loans to Non-individuals, we do not allow part / full prepayment for a period of 6 months from the date of your first EMI. Post 6 EMIs, 4% of Principal Outstanding + 4% on amount prepaid in last 12 months shall be levied on Full Foreclosure.
|
| Duplicate Issue of NOC
|
Rs. 500/-
|
| Solvency Certificate
|
Rs. 10000/-
|
| No Due Certificate
|
NIL
|
| 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)
|
Once yearly without any charge. Post that Rs. 250 per request.
|
| APAC Reschedulement
|
1% of outstanding loan amount
|
| Part Foreclosure Charge
|
After 6 months from the due date of first EMI / MI, upto 25% of outstanding with a gap of 6 month without charges, exceeding that 4% on excess part pre-payment amount, after the reduction of the eligible part payment amount.
|
| NIL charges for Individual borrower/s Floating Rate term loans for any amount.
|
| Payment Processing Charge
|
-
|
| Valuation Charges for Used/RF Vehicles
|
-
|
| Repossession Charges
|
-
|
| Credit Adminstration Charges
|
-
|
| Duplicate Foreclosure Statement Charges
|
-
|
| NOC for National Permit
|
-
|
| NOC for State Permit
|
-
|
| NOC for Change in Body Type
|
-
|
| Rebooking of Loans (due to change in borrowing structure, change of property / Asset / Collateral etc.)
|
0.5% of the Loan Amount Outstanding or Rs. 10000/- per event of Property Whichever is higher
|
| Change in Installment Due Date
|
Rs. 5000/- + broken period interest (if any) Or 0.5% of the Loan Amount + broken period interest (if any) Whichever is less
|
| Change in Property / Asset / Collateral
|
0.5% of the Loan Amount Outstanding or Rs. 10000/- per event of Property Whichever is higher
|
| Copy of Any Property/Loan Document
|
-
|
| Asset Verification Charges - Immovable Assets
|
-
|
| Legal / Incidental Charges*
|
-
|
| NOC to Convert From Private to Commercial Registration
|
-
|
| NOC to Convert From Commercial to Private Registration
|
-
|
| Re-issuance of Pay Order
|
Rs. 100/- per instance
|
| Non Compliance with Sanction Terms and Conditions
|
-
|
| End-use Certificate Delays
|
-
|
| Net Worth Statements Delays
|
-
|
| *Taxes as applicable
|
|
| "Blank / -" denotes that these charges are not applicable to the concerned business division
|
|
