| Interest Rate
|
Maximum upto 16%
|
| Loan Processing Charges
|
-
|
| Documentation Charges
|
-
|
| Stamping Charges
|
Applicable as per the respective State's Stamp Act
|
| Credit Administration Charges
|
-
|
| Credit Appraisal Charges
|
-
|
| Commitment Charges
|
-
|
| Overdue Interest
|
3% of Overdue Amount, compounded monthly on the amount due but unpaid from the date of the amount falling due till the date of actual payment
|
| Collection Charges
|
30%(inclusive of GST and other applicable statutory levies)of cheque/instrument dishonour charges+ overdue interest
|
| Dishonour Charges Per Instance
|
Rs. 750.00 per instance(inclusive of GST and other applicable statutory levies)
|
| Swap Charges( Replacement of PDCs)
|
Up to Rs. 500 per Swap per Instance+ GST and other applicable statutory levies
|
| Prepayment Interest / Forclosure Charges
|
Lock in period for 12 months. After 12 months, 5% foreclosure charges + GST on principal outstanding
|
| Duplicate Issue of NOC
|
Rs. 500 + GST and other applicable statutory levies per instance
|
| Solvency Certificate
|
-
|
| No Due Certificate
|
Rs. 500 + GST and other applicable statutory levies per instance
|
| Charges for furnishing a copy of the credit information report (CIBIL) to the applicant.
|
Rs. 50 + GST and other applicable statutory levies per instance
|
| Charges applicable in case customer requests for copies of records pertaining to his transactions ( SOA / Amortization Schedule)
|
-
|
| APAC Reschedulement
|
-
|
| Part Foreclosure Charge
|
-
|
| Payment Processing Charge
|
-
|
| Valuation Charges for Used/RF Vehicles
|
-
|
| Repossession Charges
|
-
|
| Credit Adminstration Charges
|
-
|
| Duplicate Foreclosure Statement Charges
|
-
|
| NOC for National Permit
|
-
|
| NOC for State Permit
|
-
|
| NOC for Change in Body Type
|
-
|
| Rebooking of Loans (due to change in borrowing structure, change of property / Asset / Collateral etc.)
|
-
|
| Change in Installment Due Date
|
-
|
| Change in Property / Asset / Collateral
|
-
|
| Copy of Any Property/Loan Document
|
-
|
| Asset Verification Charges - Immovable Assets
|
-
|
| Legal / Incidental Charges*
|
-
|
| NOC to Convert From Private to Commercial Registration
|
-
|
| NOC to Convert From Commercial to Private Registration
|
-
|
| 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
|
|
