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Service Charges
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Interest is charged only on the amount drawn and for the period for which it is utilized. |
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Interest is calculated on a daily basis and debited to your current account on the last day of every month. |
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Stamp duty varies from state to state. |
| Description of Charges |
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Loans Against Shares |
| Loan Processing Charges / Renewal Charges |
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Rs. 2,000 on account opening and Rs.1,500 p.a. on renewal at the end of each year. |
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Nil |
| Solvency Certificate |
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NA |
| Penal Interest on default |
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2% per month |
| Charges for changing from fixed to floating rates of interest |
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NA |
| Charges for changing from floating to fixed rates of interest |
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NA |
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NA |
| Document Retrieval Charges |
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NA |
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Rs. 250 |
Note: Service Tax and other government taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges.
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