| Description of charges |
Tractor Loans |
| Pre-payment Charges |
4% if before 12 months from date of disbursement
2 % if after 12 months from the date of disbursement |
| Stamp Duty |
At actuals |
| Late Payment Penalty |
2% per month on unpaid instalments |
| Processing fees |
2% of Loan amount |
| Cheque swapping charges |
Rs. 500/- per swap per instance |
| Loan cancellation / re-booking charges |
Rs. 1000/- |
| Loan re-schedulement for part payment |
3% on the Amount paid towards principal Loan |
| Bounce Cheque Charges |
Rs. 450 /- per instrument per instance |
| Duplicate Repayment Schedule charges |
Rs. 500/- |
| Legal, Repossession & Incidental
charges |
At actuals |
| Duplicate no due certificate /
NOC |
Rs. 250/- |
| Transaction Fee for Tractor Plus |
Rs 500 per case |
| Documentation Charges ( For Agri Mortgage Cases) |
Rs. 1500/- |
| CIBIL Charges (only on request) |
Rs. 50/- |
