PARTICULARS	CHARGES *
Effective Rate Of Interest	Interest Rates from 11.49% p.a. onwards
Penal Charges	2.00% per month + taxes on the overdue amount for the default period
Processing Fee (Loan Booking)	2.5% to 3.5% of loan amount. PF will be deducted from the loan amount & net amount will be disbursed
Stamp Duty (Loan Booking)	₹200
Prepayment/ Foreclosure Charges	ZERO Foreclosure charges post lock-in period**
Bank Mandate Swap Charges	₹500
Bounce Charges	₹500
Collection Charges (in case of default)	Upto ₹2000 + taxes per instance
Legal Charges (in case of default)	On actuals

* Taxes as applicable.

** Maximum pre-payment allowed during the lock-in period is the equivalent of one EMI amount. If the loan is closed during the lock-in period, 6 months of interest amount will be applied to the account.