|
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 |
| Prepayment/ Forclosure Charges |
Nil |
| Default Interest Rate |
@24.00% per annum i.e 2% per month on the overdue installment |
Duplicate Statement Issuance Charges
Duplicate Amortization Schedule Charges
Duplicate Interest Certificate(Provisional/ Actual) issuance Charges |
Rs 250 per instance + Service Tax as applicable
Rs 250 per instance + Service Tax as applicable
Rs 250 per instance + Service Tax as applicable |
Cibil Report Issuance Charges
Stamp Duty Charges |
Rs. 50/- per instance per set+ service tax as applicable
As per State Stamp Act |
| Issuance Charges for Photocopy of Loan Agreement/ Documents |
Rs 250 per instance + Service Tax as applicable |