Fees & Charges

Fee

Charges

Interest Rate

Upto 36% annually

Finance Processing Charges

(Up to 2.50% + Applicable Taxes) of the finance amount
 

Foreclosure Charges (For Full Payment)

Foreclosure Charges (applicable on principal outstanding) post Lockingperiod.

• Up-to 4% of principal outstanding + Applicable Taxes

Duplicate Finance Closure Letter

NIL

Finance Closure Letter

NIL

Delayed instalment payment charge

Upto 0.50% each morning plus applicable government taxes on overdue instalment amount.

Stamp Duty and other statutory charges

As per applicable laws of the state and deducted upfront from the finance amount.

Bounce Charges 

In case of default of repayment instrument, 1,180 per bounce will be levived.

Repayment mode change charges

 Rs. 500

Legal/Incidental Charges

At actuals