Schedule of Charges

PARTICULARS CHARGES *
Effective Rate Of Interest 9% p.a. (on utilized amount)
Late Payment Interest ROI + 4% p.a. For 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.