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Schedule of Charges |
Charges Type |
Charges Description |
Part-Prepayment /Foreclosure Charges on loan |
Foreclosure charges on Home/Commercial/Topup/Plot loans |
NIL (No charges for partial or full pre-payments) |
Foreclosure charges on LAP loans |
NIL |
Cheque/ECS/ACH Bounce Charges (Per Instrument/Transaction) |
Cheque return charge of INR 500/- + GST as applicable per instrument is payable in case of a dishonored cheque or ECS or ACH |
Penalty for delayed payments |
Pre-EMI/EMI bounce charges |
Rs.500 + GST @ 18% per bounce |
Default Penalty |
2% p.a compounded monthly |
Additional Interest |
Prevailing fixed/floating rate on loan |
Customer Service Charges |
Documents Retrieval Charges |
NIL |
SOA |
Rs 100 Per Request (No charges for First Request) |