Interest Rates:
| Sr. No |
Loan amount (Rs.) |
Rate Of Interest (p.a.) |
| 1 |
Upto Rs. 10.00 lacs |
13.00% |
| 2 |
Above Rs. 10.00 lacs |
12.75% |
Base Rate - 10.00%
| ase Rate - 10.00% |
Loan against Mutual Funds |
| Loan Processing Charges |
2.00% plus Service tax as applicable |
| Prepayment Charges |
NA |
| No Due Certificate |
NA |
| Solvency Certificate |
NA |
| Charges for Overdue Amount |
Penal interest @ 2% per montd on the overdue amount and cheque bounce charges. |
| Charges for changing from fixed to floating rates of interest |
NA |
| Charges for changing from floating to fixed rates of interest |
NA |
| Pledge Charges |
As applicable |
*As prescribed by Fund House / Registrar of Funds
Other Charges:
| Sr. No |
Type |
Charges |
| 1 |
Cheque Book Issuance charges |
Rs. 100/- plus service tax as applicable |
| 2 |
Repayment Instruction/Instrument Return charges |
Rs. 500/- plus service tax as applicable per instance |
| 3 |
Renewal Charges |
Rs. 200/- plus service tax as applicable plus stamping charges, if any |
Loan against NSC / KVP / LIC Policy:
| Sr. No |
Type |
Charges |
| 1 |
Upto Rs. 5.00 lacs |
15.00% |
| 2 |
Above Rs. 5.00 lacs |
14.50% |
| Scheme |
Loan against NSC / KVP / LIC Policy |
| Loan Processing Charges |
1.00% to 2.00% plus service tax as applicable |
| Prepayment Charges |
1% on outstanding principal |
| No Due Certificate |
NA |
| Solvency Certificate |
NA |
| Charges for Overdue Amount |
Penal interest @ 2% per month on the overdue amount and cheque bounce charges. |
| Charges for changing from fixed to floating rates of interest |
NA |
| Charges for changing from floating to fixed rates of interest |
NA |
| Pledge Charges |
As applicable |
*As prescribed by Security Issuing Authority
Other Charges:
| Sr. No |
Type |
Charges |
| 1 |
Cheque Book Issuance charges |
Rs. 100/- plus service tax as applicable |
| 2 |
Repayment Instruction/Instrument Return charges |
Rs. 500/- plus service tax as applicable per instance |