Lease Processing Fee
Up to 3% of the Acquisition Cost of the Asset
Cheque/NACH Dishonour
Up to Rs. 1000/-
Re-payment Instrument Swap Charges
Up to Rs. 1000/-
Penal Charges
Up to 36% p.a. of the Outstanding Amount
Charges for Statement of Account / Repayment Schedule
Up to Rs. 500/-
Re-schedulement /Restructuring Charges (CHANGE IN RENTAL / TENURE / CYCLE DATE)
Up to 3% of the Outstanding Amount as on date of request.
Documents Retrieval Charges
Up to Rs. 500/-
Duplicate copy of Agreement / NOCs
Up to Rs. 3000/- -
Additional valuation charges / Legal Opinion Charges
Up to Rs. 1500/- or actuals whichever is higher
Administrative Charges incurred for paying Stamp duty on behalf of lessee duty
Up to Rs.3,000 per document stamped. Stamp duty as per Actuals.
Legal Recovery Charges
As per actual
Collection visit charges
Up to Rs. 1000/- or at actual whichever is higher.
Penalty on Premature termination amount (wherever applicable)
Up to 5% of Book Value/Principal Outstanding of Asset.
Order Charge
Up to Rs.10,000/-
RTO Charges
Up to Rs. 5000/- or on Actual, whichever is higher
Repossession/ Parking Charges/ Legal Recovery
Up to Rs. 20,000/- or on Actual, whichever is higher
Extension of Lease Term/Period
Up to Rs. 10,000
*All applicable fees & charges are subject to levy of GST, if payable, is to be paid in addition to the fees/charges.
Mortgage Reference Rate (MRR)
17.25% (applicable wef 1st\February\2024)
Lending Reference Rate (LRR)
14.50% (applicable wef 5th\November\2024)
Processing Fee
Up to 3.0% of loan sanctioned amount inclusive of application fee
IMD (Initial Money Deposit)
Up to Rs. 5000/-
Cheque Dishonour
Up to Rs. 500/-
Cheque Swap
Up to Rs. 500/-
Penal Charges
24% p.a. of the EMI o/s post due date
Charges for Statement of Account / Repayment Schedule
Up to Rs. 500/-
Interest Certificate
NIL
Rate Revision Charges / Switch Fees
Up to 1.0% of POS
Reschedulement Charges
(CHANGE IN EMI / TENURE / CYCLE DATE)
Up to Rs. 5000/- or 0.50 % of loan amount whichever is higher
Documents Retrieval Charges
Up to Rs. 500/-
Duplicate copy of Agreement / NOCs
Up to Rs. 500/-
Original property documents retrieval for specific activity like production at SRO or Development Authority (on borrower request)
Up to Rs. 5000/-
Additional valuation charges / Legal Opinion Charges
Rs. 1500/- or actuals whichever is higher
Registration Charges for Borrowers’ ECS Mandate (loan repayment)
NIL
Stamping Charges for Agreement, MODT \ Registered Mortgage
As per Actual, subject to state laws - To be paid by borrower directly
Stamping charges of other legal documents like Indemnity Bond, Legal Undertakings,Legal Affidavits, Personal Guarantee Bond etc.
As per Actual, subject to state laws - To be paid by borrower directly
Legal Recovery Charges
As per actual
Collection visit charges
Up to Rs. 1000/-
Prepayment Charges
(wherever applicable)
For Non-Individuals Borrowers/Co-borrowers (any Interest Type) - Up to 5.00%

For Individual Borrower/Co-borrowers
  • In case the loan is sanctioned for purpose other than business – NIL
  • In case the loan is sanctioned for Business Purpose – Up to 5%
ROC Charges
On Actuals
*All applicable fees & charges are subject to levy of GST, if payable, is to be paid in addition to the fees/charges.