Fee

Amount to be Paid

Annual Maintenance Charge (AMC)*

For Equity, Debt - MF/FMP, NCD, Bonds - Upto 0.50% of the sanctioned credit limit. Minimum Rs.1000 and maximum upto Rs.5000.

For other physical securities cases (NSC / KVP / GDC / LIC / pvt Insurance policies) - Upto 0.50% of the sanctioned credit limit. Minimum Rs.2500 and maximum upto Rs.5000.

Processing fee/Loan processing charge*

For Digital cases – Upto 0.5 % of limit (Min of Rs 500/- & Max of Rs 1500/-)

For Equity (non digital), Debt - MF/FMP, NCD, Bonds - Upto 1% of the Loan/Sanctioned credit limit. Minimum Rs. 3500/- )(Non refundable)

For other physical securities cases (NSC / KVP / GDC / LIC / pvt Insurance policies) - Upto 1% of the Loan/Sanctioned credit limit. Minimum Rs. 5000/- (Non refundable)

Processing Fee on enhancement cases

Rs. 500/- for all Physical and Digital cases.

Stamp duty and other statutory charges

As per applicable laws of the state

Charges on drawings in excess of limits (due to application of interest or revaluation of portfolio under pledge)

Penal interest up to 18% p.a. plus tax on the amount drawn in excess of the limit. This will be calculated on a daily product basis and levied on a monthly basis.

Dormant Account Penalty/Charges in case limit drops to zero*

Nil

Credit Information Companies (CICs) charges

Up to Rs. 50/- per instance

Charges for changing from fixed to floating rate of interest

Not Applicable

Charges for changing from floating to fixed rate of interest

Not Applicable

No Due Certificate/No Objection Certificate (NOC)

Nil

Duplicate no due certificate/NOC

Nil

Solvency Certificate

Not Applicable

Prepayment charges*

Nil

Cheque Book Charges

Up to 100 Cheque leaves issuance FREE per month

TRF (Transaction Request Form) Processing Charges*

For Digital cases - Rs. 50/- per Transaction

For Non Digital cases (all securities) - Rs. 100/- per TRF

Pledge creation fees*

Up to Rs.5/- per NSC/KVP/Bond/Insurance Policy/MF Unit Certificate

De-pledge fees*

Up to Rs.5/- per NSC/KVP/Bond/Insurance Policy/MF Unit Certificate on release of charge (de-pledge, lien removal etc).

Charges for realisation of proceeds on maturity/redemption in respect of Fixed Maturity Plans (FMPs)*

Up to Rs. 1,000/- per instruction

Charges for realisation of proceeds on maturity in respect of RBI Bonds*

Up to Rs. 100/- per certificate subject to a minimum of Rs. 250/- per request

Charges for collection of Maturity Payment/Surrender/Survival Benefit payments in respect of life insurance policies*

Up to Rs. 100/- per policy (only in cases where customers are unwilling to collect the proceeds on their own)
For deep geography (remote) locations, a fee up to 1% on the maturity amount is collected, subject to a minimum of Rs. 10,000 and a maximum of Rs. 25,000(only in cases where customers are unwilling to collect the proceeds on their own)

NSC / KVP Maturity collection charges*

Up to Rs. 100/- per certificate (only in cases where customers are unwilling to collect the proceeds on their own).
In case the securities have to be encashed due to default, charges will be up to Rs. 25/- per certificate.
For deep geography (remote) locations, a fee up to 1% on the maturity amount is collected, subject to a minimum of Rs. 10,000 and a maximum of Rs. 25,000 (only in cases where customers are unwilling to collect the proceeds on their own)

Sale of security in the event of default*

All brokerages, transaction charges and other levies as per actuals

Legal & incidental charges

As per actuals

Demat charges

As applicable to the Demat account from time to time

Value Band

Maximum Charges per txn (exclusive of taxes)

Amounts up to Rs. 10,000/-

Rs. 2.50/-

Amounts from Rs. 10,001/- up to Rs. 1 lakh

Rs. 5/-

Amounts above Rs. 1 lakh up to Rs. 2 lakh

Rs. 15/-

Amounts above Rs. 2 lakh

Rs. 25/-

Value Band

Maximum Charges per txn (exclusive of taxes)

Amounts above Rs. 2 lakh up to Rs. 5 lakh

Rs. 25/-

Amounts above Rs. 5 lakh

Rs. 50/-

Product

Min IRR

Max IRR

Avg IRR

Equity

9.50%

14.10%

10.77%

Debt

9.05%

11.75%

10.09%

Product

Min APR

Max APR

Avg APR

Equity

9.50%

14.10%

10.82%

Debt

9.05%

11.75%

10.42%