| Scheme |
Asset Power (Loan Against Property)
| Dropline Overdraft Against Property / Commercial OD against Property
| Loan Against Rent Receivables
|
| Loan Processing Charges |
1% + Service tax as applicable |
1% + Service tax as applicable |
1% + Service tax as applicable |
| Prepayment Charges |
2% will be charged if the amount exceeds 25% of the principle outstanding during a quarter, otherwise No penalty. |
2% will be charged if the amount exceeds 25% of the principle outstanding during a quarter, otherwise No penalty. |
2% will be charged of the principle outstanding |
| No Due Certificate |
NA |
NA |
NA |
| Solvency Certificate |
NA |
NA |
NA |
| Charges for Late Payment of EMI |
Penal interest @24% per annum i.e. @ 2% per month on the overdue installment/s |
Penal interest @24% per annum i.e. @ 2% per month on the overdue installment/s |
Penal interest @24% per annum i.e. @ 2% per month on the overdue installment/s |
| Stamp Duty & other statutory charges |
As per applicable laws of the state |
As per applicable laws of the state |
As per applicable laws of the state |
| Cheque Bounce Charges |
Rs 500/- per instance |
Rs 500/- per instance |
Rs 500/- per instance |
| Cheque swapping charges |
Rs. 500/- plus service tax as applicable |
Rs. 500/- plus service tax as applicable |
Rs. 500/- plus service tax as applicable |
| Duplicate statement issuance charges |
Rs. 250/- per instance |
Rs. 250/- per instance |
Rs. 250/- per instance |
| Issuance charges for photocopy of title deeds |
Rs 250/- per document set |
Rs 250/- per document set |
Rs 250/- per document set |
| Credit Report Issuance Charges |
Rs. 50/- |
Rs. 50/- |
Rs. 50/- |