| Sr. No. | Type | Charges |
|---|
| 1 | Cheque Bounce / Instrument Return Charges | Rs. 339/- per instance |
|---|
| 2 | Cheque / Instrument Swap Charges | Rs. 500/- per instance |
|---|
| 3 | Duplicate Statement issuance charges | Rs. 250/- per instance |
|---|
| 4 | Duplicate Repayment Schedule issuance charges | Rs. 250/- per instance |
|---|
| 5 | Duplicate No Dues Certificate / NOC | Rs. 50/- per instance |
|---|
| 6 | Penal Charges | ** Financial Default: 8% p.a. above applicable interest rate on the overdue amount (subject to the aggregate not exceeding 24% per instance) |
|---|
| 7 |
Foreclosure/ Part payment closure | *** 5% of Principal Outstanding (In case of Micro and Small Enterprise (MSE) customers, no prepayment charges are applicable if loan amount is up to Rs. 50 lakhs under Fixed rate loans) |
|---|
| 8 | Stamp Duty | At Actuals |
|---|
| 9 | Issuance of Credit Report | Rs. 50/- per Instance |
|---|
| 10 | Processing Fee | CV: Minimum of Rs 7,500, up to 1.5% of the Loan amount
CE: Minimum of Rs 7,500, up to 1.5% of the Loan amount |
|---|
| 11 | Loan cancellation/Re booking charges | Rs. 550/- per case |
|---|
| 12 | Documentation charge | Rs 500/- per instance |
|---|
| 13 | RC Collection charge | Rs 200/- per instance |
|---|
| 14 | ROC charge creation fee (Only for company cases) | Rs 2500/- per instance |
|---|
| 15 | Valuation charges: | Valuation charges to be collected at Actuals
Used Commercial Vehicle (Standard assets)- Rs.765/-* per asset
Used Construction Equipment (Standard assets)- Rs.885/-* per asset
For all Non Standard assets- Valuation charges to be collected at actuals* Inclusive of GST |
|---|
*Goods and Services Tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is applicable)
**There shall be no capitalisation of Penal Charges; Financial Default includes all types of payment or financial defaults/irregularities with respect to your Loan Account
***In case of Micro and Small Enterprises (MSE) customers, no prepayment charges are applicable if loan amount is up to Rs 50 Lakhs under Fixed rate loans. |
