|
Description of Charges
|
Charges |
|
Loan Processing Charges
|
Upto 2% of loan amount + Service Tax |
|
Non Refundable processing fees (included in processing fees)
|
Rs.1500
|
| Cheque bounce charges
|
Rs.450
|
| Late Payment charges
|
3% pm on unpaid amount
|
| Cheque swapping charges
|
Rs. 500 per swap
|
| Prepayment charges
|
5 % + ST within 12 months of disbursement,
2% + ST thereafter (on the outstanding principle)
|
| Loan cancellation and rebooking charges
|
Rs. 2000
|
| Loan reschedule charges
|
3% on POS
|
| NOC Issuance charges
|
First - 'Nil', Thereafter Rs 500
|
| Legal / repossession and incidental charges
|
Actuals
|
| Insurance Premium
|
Actuals
|
| Advance EMI
|
Actuals
|
| Cash Handling charges | 1%+S.Tax for cash receipts of Rs 5Lacs and above |