Fees And Charges

Fees and Charges

Types of Fees	Charges Applicable
Interest Rates	6.90%* onwards
Processing Fees	Up to 6% of the Loan amount
Loan Statement Charges	Nil
Interest and Principal Statement Charges	Nil
Penal Interest	2% pm
Part-Prepayment Charges*	Nil
EMI Bounce Charges*	3000 per bounce

*Applicable following 1st EMI clearance.

FORECLOSURE CHARGES

For Term Loan, charges are calculated on the outstanding principal.

For Flexi Interest-only Loan, charges are calculated on the sanctioned limit.

For Flexi Term Loan, charges are calculated on the current dropline limit.

Individual: Floating rate	Time Period (Months)	Part-prepayment Charges
Individual: Floating rate	>1	NIL
Non-Individual: Floating rate	>1	2% plus applicable taxes
All borrowers: Fixed rate	>1	2% plus applicable taxes