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Service Charges

ICICI Bank Medical Equipment Loans is the best finance option for doctors planning  to  upgrade  the medical  equipment  and  other facilities in their clinics, nursing  homes etc. It doesn't  just  give  you an attractive interest rate, it charges a nominal processing fee too.
We offer the most competitive rates in the industry.

Description of Charges  

Medical Equipment Loans

Loan Processing Charges / Renewal Charges  
1 %* of the loan amount.
Prepayment Charges
 
4% on the principal outstanding
Solvency Certificate   NA
Charges for late payment (loans)
 
2% per month
Charges for changing from fixed to floating rates of interest
  NA
Charges for changing from floating to fixed rates of interest
  NA
Cheque Swap Charges
  Rs. 500/-
Document Retrieval Charges
  NA
Cheque bounce charges
  Rs. 200/-

Note : Service Tax and other government taxes, levies, etc. are applicable as per prevailing rate, over and above these charges mentioned.

* Up to 4 % depending on the loan amount