PARTICULARS	CHARGES *
Effective Rate Of Interest	10.5% p.a. (on utilized amount)
Penal Charges	15.00% P.A. + taxes on the overdue amount for the default period**
Processing Fee (Loan Booking)	₹999
Stamp Duty (Loan Booking)	₹500
Prepayment/ Foreclosure Charges	₹0
Annual Renewal Charges	₹999
Bank Mandate Swap Charges	₹500
Top Up/Security Withdrawal Charges	₹500
Bounce Charges	₹500
Security Invocation Charges (in case of default)	₹2,000
Collection Charges (in case of default)	₹5,000
Legal Charges (in case of default)	₹5,000

* Taxes as applicable.

**Applicable for new loans approved on or after 20th March 2024. The applicable penal charges on existing loans, shall be updated on our mobile application, website and also communicated over Email & SMS to all such borrowers, not later than 30th June 2024.