| Description of charges |
New Car Loans |
| Cheque bouncing charges |
Rs. 450 |
| FC Charges |
6 % of POS for preclosures within 1 year from 1st
EMI
5% of POS for preclosures within 13-24 months from 1st EMI
3% of POS for preclosures post 24 months from 1st EMI
No foreclosure allowed within 6 months from date of availing the car
loan |
| Stamp Duty |
At actuals |
| Late Payment Penalty |
2% per month |
| Processing fees |
Upto 2.5 Lacs : Rs.2000/-
2.51 to 4 lacs : Rs.3000/-
> 4 Lacs :Rs. 3500/- |
| Agri /PSL Charges |
Rs 2000 |
| Cheque swapping charges |
Rs 500/- |
| Loan cancellation / re-booking charges |
Rs 1000/- |
| Bounce Cheque Charges |
Rs 450/- |
| Statement Charges (per statement) |
Rs 500/- |
| Duplicate Repayment Schedule charges |
Rs 500/- |
| Legal, Repossession & Incidental charges |
At actuals |
| Duplicate no due certificate / NOC |
Rs 500/- |
| Transaction fees for Suraksha Kavach |
Rs 500/- per case |
