| 1
|
Documentation charges
|
Rs. 5000/-
|
| 2
|
Stamp duty and/or document registration charges
|
As per actuals; to be borne by the Borrower/ Security Provider.
|
| 3
|
Processing Fee
|
Upto 2.00% of Sanctioned Limit
|
| 4
|
Interest Rate
|
Min : Prevailing MCLR or Reference rate
|
| Max : 24%
|
| 5
|
Additional Interest
|
Amounts unpaid on due date shall attract additional interest at 3.00% p.m., compounded monthly on outstanding/unpaid amount
|
| 6
|
Collection charges
|
30.00% of additional interest and Dishonour of cheque charges
|
| 7
|
Dishonour of cheque charges
|
Rs. 1000/- per instance
|
| 8
|
Swap charges i.e. Replacement of Post Dated Cheques (PDCs)
|
Rs. 1000/- Per Swap
|
| 9
|
Foreclosure charges for Term Loan
|
3.00 % on outstanding balance
|
| 10
|
Foreclosure charges on facilities other than Term Loan
|
3.00 % of Sanctioned Limit
|
| 11
|
Charges for furnishing a copy of credit rating report (CIBIL) to the applicant
|
Rs. 1000/- per instance
|
| 12
|
Charges applicable in case customer request for copies of records pertaining to his transaction (Statement Of Account / Amortization Schedule etc )
|
Rs. 1000/- per request / per record
|
| 13
|
Charges for Issuance of Credit Solvency Certificate
|
Rs. 5000/- per issuance. It is agreed and understood by the Borrower that issuance of a solvency certificate shall be at the absolute and sole discretion of the Bank and the Bank may refuse issuance of such certificate in exercise of its discretionary right.
|
| 14
|
Loan Cancellation charges
|
Rs. 2500/- per agreement
|
| 15
|
Duplicate foreclosure statement charges
|
Rs. 1000/-
|
| 16
|
Credit Administration charges
|
1.00 % of Sanctioned Limit
|
| 17
|
Replacement of Property / Asset / Collateral
|
Rs. 2000/- per instance /per property
|
| 18
|
Part Release of Collaterals
|
Rs. 3000/- per property
|
| 19
|
Valuation charges
|
As per Actuals; to be borne by the Borrower and in the event of non-payment by the Borrower, the Bank shall be entitled to auto debit the Borrower's account without any further notice.
|
| 20
|
Title Clearance charges
|
As per Actuals; to be borne by the Borrower and in the event of non-payment by the Borrower, the Bank shall be entitled to auto debit the Borrower's account without any further notice.
|
| 21
|
Mortgage charges
|
As per Actuals; to be borne by the Borrower and in the event of non-payment by the Borrower, the Bank shall be entitled to auto debit the Borrower's account without any further notice.
|
| 22
|
Stock Audit charges
|
Rs. 5000/- per audit
|
| 23
|
Minimum limit utilisation charges
|
Rs 10000/-
|
| 24
|
Minimum churning charges
|
Rs 10000/-
|
| 25
|
Stock statement delays
|
Rs 5000/- per month till the statement is submitted. Stock statement has to be submitted within 15 days from end of month. Delay in submission of more than 60 days will result in reductions of limits at the absolute and sole discretion of the Bank.
|
| 26
|
Delay in submitting stock insurance policy
|
Rs 5000/- per month till policy/cover note is submitted. Delay in submission of more than 60 days will result in reductions of limits at the absolute and sole discretion of the Bank. Deadlines: Cover note: 15 days from expiry of existing policy;
|
| Renewed policy: 30 days from expiry of existing policy
|
| (for Take over cases Insurance to be completed within 45 days from the date of first disbursement.)
|
| 27
|
Collateral Management Agency charges
|
1.00 % of utilisation or Rs. 35000/- per location per month, whichever is higher.
|
| 28
|
Pre-Payment in case of Term Loan
|
4.00 % of amount pre-paid
|
| 29
|
Charges for issuance of duplicate No Dues Certificate
|
Rs. 5000/-
|
| 30
|
Renewal Processing Fee
|
1.00 % of the renewed limit
|
| 31
|
Supervision / Crop Verification charges for Kisan Credit Card (KCC ) / Term Loan / Over Draft facilities
|
For limits <= 10 Lacs- Rs. 750/-
|
| For limits > 10 Lacs to 25 Lacs- Rs. 1250/-
|
| For limits >25 Lacs to 50 Lacs- Rs. 1500/-
|
| For limits >50 Lacs- Rs. 3000/-
|
| -To be debited every 6 months
|
| 32
|
Non-compliance of Covenants/terms and conditions of the Transaction Documents
|
Additional interest at 2.00% p.a. on all existing facilities from the date of non-compliance till continuation of non-compliance.
|
