|
Service Charges
| Description of Charges |
|
Commercial Vehicle Loans |
| Loan Processing Charges / Origination Charges |
|
2.5% of loan amount or Rs. 5,000/- whichever is higher + Origination Charges of upto 1.5% of loan amount |
| Prepayment Charges |
|
Lower amount of the two given below.
1. 4% of principal outstanding or
2. Interest outstanding for unexpired period of the loan. |
| Stamp duty |
|
Actuals |
| 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/- |
| Amortization Schedule Charges |
|
Rs. 100/- |
| Statement of Account Charges |
|
Rs. 100/- |
| Foreclosure Statement Charges |
|
Rs. 100/- |
| Duplicate NOC Charges |
|
Rs. 100/- |
Note :
1) Origination Charges are included in the Advance installments/ First installment.
2) Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate may be charged over and above these charges at the discretion of ICICI Bank.
3) The charges or fees given in above table are subject to change and the one recorded in agreement will be binding over the site.
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