|
Regular/Term Loan |
Regular/Term Loan (NO PF/FC) |
Overdraft |
| Parameters |
Agri |
Non-Agri |
Agri (SO_LNAPG) |
Non-Agri |
Agri |
|
(PGLOD) |
| LTV |
75% |
75% |
75% |
75% |
75% |
| ROI (MCLR rate + spread) |
7.75%+6.75% = 14.5% |
7.75%+6.75%=14.5% |
7.75%+8.75%=16.50% |
7.75%+8.75%=16.50% |
7.75%+6.75% = 14.5% |
| Processing Fee (Fresh) |
0.50% |
0.50% |
NIL |
NIL |
0.50% |
| Minimum limit |
Rs.25,001/- |
| Maximum limit |
Rs.25,00,000/- |
| Accounts limit |
5 Accounts per Cust ID |
| Foreclosure Fee- |
2% for 0-6months |
2% for 0-6months |
NIL |
NIL |
2% for 0-6months |
| Nil for >6 months |
Nil for >6 months |
Nil for >6 months |
| Nil for Renewals |
Nil for Renewals |
Nil for Renewals |
|
|
|
|
| Renewal Fee (PF) |
0.50% |
0.50% |
0.50% |
NIL |
NIL |
0.50% |
| Valuation Fee |
Minimum - Rs.500
Maximum - Rs.1500 |
| Penal Interest |
6% p.a. |
| Part Payment charges |
Nil |
| Stamp Duty |
As per applicable state laws |
Current prevailing rate:
| Fixed Rate Loan |
1 year MCLR |
Spread over 1 year MCLR |
Effective Interest Rate |
Reset |
| Gold Loan |
7.75% |
6.75% |
14.5% |
No Reset |
Goods and Services tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is applicable)
