Fees & Interest Rates

Types of Fees	Charges Applicable
Interest Rates	8.65%* 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.

Part Prepayment Charges & Foreclosure Charges

Floating Rate Loans: If all Borrowers and Co-Borrowers are Individuals

Floating Rate Loans: If any Borrower or Co-Borrower is a Non-Individual

Fixed Rate Loans: All Borrowers (including individuals)

	Term Loan	Flexi Term Loan	Flexi Hybrid Loan
Time Period (Months)	>1	>1	>1
Foreclosure Charges	4% * on Principal Outstanding	4%* on the available Flexi Loan Limit	4% * on Sanctioned Amount during Flexi Interest Only Loan Repayment Tenure; and 4%* on the available Flexi Loan Limit during Flexi Term Loan Tenure
Part Payment Charges	2% * on the Part- Payment Amount	NA	NA