| Description of Charges |
Personal Loan |
| Rack Interest Rate Range |
Salaried - 15.75% to 22.25%
Self Employed Businessmen - 17.50% to 22.00%
Self Employed Profession - 14.50% to 15.00% |
| Loan Processing Charges |
Upto 2.50% of the loan amount subject to a minimum
of Rs. 1,000/- |
| Prepayment |
Salaried - No pre-payment permitted until repayment of 12 EMIs
Self-employed - No pre-payment permitted until repayment of 6 EMIs |
| Pre-payment charges |
Salaried - 4% of the Principal Outstanding after repayment of 12 EMIs. For top-up/enhancements - 2% of the Principal Outstanding
Self-employed - 4% of the Principal Outstanding after repayment of 6 EMIs |
| 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 Re-booking charges / Re-scheduling charges |
Rs 1000/- |
| Loan cancellation charges |
Rs. 1000/- |
| Cheque Bounce Charges |
Rs 450/- per cheque bounce |
| Legal / incidental charges |
At actual |
| CIBIL Report Copy Charges |
Rs.50 Per Copy |
