| Interest Rate
|
Min : Prevailing MCLR Or Reference Rate
Max : 30%
|
| Loan Processing Charges
|
Upto 3% of Loan amount
|
| Documentation Charges
|
Upto Rs. 5000
|
| Stamping Charges
|
At Actuals
|
| Credit Administration Charges
|
Upto Rs. 6000/-
|
| Credit Appraisal Charges
|
-
|
| Commitment Charges
|
-
|
| Overdue Interest
|
Upto 3% of overdue amount, compounded monthly
|
| Collection Charges
|
30% of penal and cheque bouncing charges
|
| Dishonour Charges Per Instance
|
Rs. 750.00
|
| Swap Charges( Replacement of PDCs)
|
Upto Rs. 500 per Swap per Instance
|
| Prepayment Interest / Forclosure Charges
|
4% of Principal outstanding as per reducing balance method on the date of repayment
|
| Duplicate Issue of NOC
|
Rs. 500/-
|
| Solvency Certificate
|
-
|
| No Due Certificate
|
-
|
| Charges for furnishing a copy of the credit information report (CIBIL) to the applicant.
|
Rs. 50/-
|
| Charges applicable in case customer requests for copies of records pertaining to his transactions ( SOA / Amortization Schedule)
|
Rs. 500/- (Once yearly without any charge. Post that 500 per request.)
|
| APAC Reschedulement
|
-
|
Part Foreclosure Charge : Max 2 times a year,
Min repayment 25% of Principal outstanding
|
2% of Amount paid + (taxes as applicable)
|
| Payment Processing Charge
|
Not Applicable
|
| Valuation Charges for Used/RF Vehicles
|
Min 750 or actuals +Taxes as applicable
|
| Repossession Charges
|
Min 15000 or actual + Taxes as applicable
|
| Credit Adminstration Charges
|
Upto Rs. 6,000/-
|
| Duplicate Foreclosure Statement Charges
|
Rs. 500/-
|
| NOC for National Permit
|
Not Applicable
|
| NOC for State Permit
|
Not Applicable
|
| NOC for Change in Body Type
|
Not Applicable
|
| Rebooking of Loans (due to change in borrowing structure, change of property / Asset / Collateral etc.)
|
Rs. 2,500/-
|
| Change in Installment Due Date
|
Rs. 1,000/-
|
| Change in Property / Asset / Collateral
|
Not Applicable
|
| Copy of Any Property/Loan Document
|
Not Applicable
|
| Asset Verification Charges - Immovable Assets
|
Not Applicable
|
| Legal / Incidental Charges*
|
At Actuals
|
| NOC to Convert From Private to Commercial Registration
|
NRH
|
| NOC to Convert From Commercial to Private Registration
|
NRH
|
| Re-issuance of Pay Order
|
-
|
| Non Compliance with Sanction Terms and Conditions
|
-
|
| End-use Certificate Delays
|
-
|
| Net Worth Statements Delays
|
-
|
| *Taxes as applicable
|
| "Blank / -" denotes that these charges are not applicable to the concerned business division
|
