(Non-Banking Finance Company Registered with RBI)



Sr No Particulars Details
01 Loan Processing charges 3.25% of loan sanctioned
02 Document Charges Rs 250/ - Per Case
03 Bank Charges for Disbursement Actual
04 EMI dishonor charges per instrument /transaction Rs 600/- + GST
05 Pre-closure charges Pre-closure is allowed after 6 months from date of disbursement for long term loans subject to the following :
1. All floating loans given to individuals where all borrowers and co-borrowers are individuals - NIL
2. Secured Business loan 4% of the principal outstanding
06 Late Payment /Delayed /overdue interest charges 2% per month on delayed period on the overdue amount .
07 Request for copies of documents of collaterals held : Rs 750/- Per instance
08 Duplicate statement of account /repayment schedule/any other document Rs 250/- per instance
09 CERSAI Charges Actual as per schedule of CERSAI
10 Pre- closure quote Rs 500/- per instance
11 Document retrieval and handling charges at the time of closure of the account Rs 500/-
12 CIBIL Report retrieval fee Rs 50/- per instance
13 Duplicate No -Due certificate Rs 500/-
14 Stamp Duty /Legal charges Actual
15 Each personal visit to borrower place for collection of dues RS 500/- Per visit
16 Notice charges for recovery Rs 250/-
17 Legal Notice Rs 750/- + GST or actual whichever is higher
18 Loan application form Free
19 No –dues certificate Free- first time
20 Account statement Free – first time
21 Any other charges incurred by the company not specified above Actual