| Description of charges |
Tractor Loans |
| Pre-payment Charges |
4 % if before 12 months before 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 % |
| Cheque swapping charges |
Rs. 500/- per swap per instance |
| Loan cancellation / re-booking charges |
Rs. 1000/- |
| Loan re-schedulement for part payment |
3 % |
| Bounce Cheque Charges |
Rs. 450 /- per instrument per instance |
| Change in repayment frequency |
Rs. 1000 /- for each instance |
| Statement Charges (per statement) |
Rs. 300/- |
| Duplicate Repayment Schedule charges |
Rs. 250/- |
| Legal, Repossession & Incidental
charges |
At actuals |
| Duplicate no due certificate /
NOC |
Rs. 250/- |
| Transaction Fee for Tractor Plus |
Rs 500 per case |
