|
Service Charges
 |
They are dependent on the tenure,
loan amount and the customer profile. |
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Our rates are one of the most
competitive in the market. |
| Description of Charges |
|
Construction Equipment Loans |
| Loan Processing Charges / Renewal Charges |
|
1% of loan amount |
| Prepayment Charges |
|
4% on the principal outstanding |
| Solvency Certificate |
|
N.A. |
| Charges for late payment (loans) |
|
2% per month |
| Charges for changing from fixed to floating rates of interest |
|
N.A |
| Charges for changing from floating to fixed rates of interest |
|
N.A |
| Cheque Swap Charges |
|
Rs. 500/- |
| Document Retrieval Charges |
|
N.A |
| Cheque bounce charges |
|
Rs. 200/- |
Note : Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges
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