| Description of Charges |
Personal Loan |
| Loan Processing Charges |
Upto 2% of the loan amount |
| Prepayment (upto 6 months of availing loan and until payment of 6 EMIs) |
No pre-payment permitted |
| Pre-payment charges(after 6 months of availing loan and after payment of 6 EMIs) |
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 Re-booking charges / Re-scheduling charges |
Rs 1000/- |
| Loan cancellation charges |
Rs. 1000/- |
| Cheque Bounce Charges |
Rs 450/- per cheque bounce |
| Statement Charges (per statement)/ Repayment Schedule |
Rs 500/- |
| Legal / incidental charges |
At actual |
