| Interest Rates & Charges
|
| Rate of Interest |
15.00% to 24.00% |
| Loan Processing Charges |
1.50% to 2.00% + Service Tax as applicable |
| Cheque Bounce Charges |
Rs. 500 per cheque bounce + Service Tax as applicable |
| Cheque/Instrument Swap charges |
Rs.500 per instance + Service Tax as applicable |
| Foreclosure Charges |
Nil |
| Default Interest Rate |
@24.00% per annum i.e 2% per month on the overdue installment |
| Duplicate Statement Issuance Charges |
Rs 250 per instance + Service Tax as applicable |
| Duplicate Amortization Schedule Issuance Charges |
Rs 250 per instance + Service Tax as applicable |
| Issuance Charges for Photocopy of Loan Agreement/Documents |
Rs 250 per instance + Service Tax as applicable |