Service Charges & Fees

Enclosed find the service charges for various loans

• Prepayment of the loan is possible post 6 Months of Interest Servicing of the existing loan.
• No Prepayment charges are leivied after 6 Months of interest
• Part prepayment facility on the loan is possible without charge, after 6 months of interest servicing.

Description of Charges	Charges applicable
Loan Processing charges / Origination Charges (Non- Refundable)	Upto 2.50% of loan amount plus applicable taxes
Prepayment Charges	5% of principle outstanding plus applicable taxes, if paid before 6 months of loan disbursal
Charges for Late Payment	24% per annum plus applicable taxes
Repayment Mode Swap Charges	500/- per transaction plus applicable taxes
Document Pick Up charges	500/- per visit plus applicable taxes
Amortisation Schedule Charges	NIL
Statement of Account Charges	NIL
Prepayment / Foreclosure Statement Charges	NIL
Loan Cancellation Charges	3000/- plus applicable taxes
EMI Bounce Charges	400/- per bounce plus applicable taxes

Notes:

• Service Tax, GST and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges at the discretion of our affiliate Banks / NBFC’s
• The charges or fees given in above table are subject to change and the one recorded in agreement will be binding over this site
• Prepayment conditions will differ for special purpose Loans. Please refer to loan agreement for the same or speak to us on