| Interest Rate |
Interest Rate on the loan will be rate as applicable at the time of signing the loan agreement |
| Booking Fee or Processing Fee* |
Up to 3% on the loan amount sanctioned. This fee is deducted from the loan amount |
| Cheque / ECS bounce charges * |
Rs. 250 |
| Late Payment Charges* |
Any delay in the payment of an EMI shall entail an additional interest of 2% p.a. above the prevalent rate upon the EMI amount outstanding of the loan |
| Loan Pre-closure charges* |
Pre closure charges are levied at the rate of 5% of the total principal outstanding. No partial pre-payment is allowed. |
| Charge for swaping post dated cheques and changing ECS and direct debit payment |
Rs. 500 per swap |
