| Description of Charges |
Express Loans Plus |
| Loan Processing Charges |
Up to 3% of the loan amount |
| Pre-payment charges (up to 6 months of availing
the loan) |
No pre-payment permitted |
| Pre-payment charges (after 6 months of availing the
loan) |
4% of the Principal Outstanding |
| No Due Certificate / No Objection Certificate (NOC)
|
Nil |
| Duplicate no due certificate / NOC |
Rs 250/- |
| Solvency Certificate |
Not applicable |
| Charges for late payment of EMI |
@ 24 % p.a on amount outstanding from date of default |
| Charges for changing from fixed to floating rate
of interest |
Not applicable |
| Charges for changing from floating to fixed rate
of interest |
Not applicable |
| Stamp Duty & other statutory charges |
As per applicable laws of the state |
| Credit assessment charges |
Not applicable |
| Non standard repayment charges |
Not applicable |
| Cheque swapping charges |
Rs 500/- per event |
| Loan cancellation / re-booking charges |
Rs 1000/- |
| Bounce Cheque Charges |
Rs 450/- per return |
| Cheque Re-issuance Charges |
Rs 500/- per issuance |
| Statement Charges (per statement) |
Rs 500/- per request |
| Duplicate Repayment Schedule charges |
Rs 500/- per request |
| Legal & Incidental charges
|
At actuals |
