Schedule 1

Service Charges & Fees

Enclosed find the service charges for various loans

  • Prepayment of the loan is possible post 6 Months of Interest Servicing of the existing loan.
  • No Prepayment charges are leivied after 6 Months of interest
  • Part prepayment facility on the loan is possible without charge, after 6 months of interest servicing.
Description of Charges Charges applicable
Loan Processing charges / Origination Charges (Non- Refundable) Upto 2.50% of loan amount plus applicable taxes
Prepayment Charges 5% of principle outstanding plus applicable taxes, if paid before 6 months of loan disbursal
Charges for Late Payment 24% per annum plus applicable taxes
Repayment Mode Swap Charges 500/- per transaction plus applicable taxes
Document Pick Up charges 500/- per visit plus applicable taxes
Amortisation Schedule Charges NIL
Statement of Account Charges NIL
Prepayment / Foreclosure Statement Charges NIL
Loan Cancellation Charges 3000/- plus applicable taxes
EMI Bounce Charges 400/- per bounce plus applicable taxes


  • Service Tax, GST and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges at the discretion of our affiliate Banks / NBFC’s
  • The charges or fees given in above table are subject to change and the one recorded in agreement will be binding over this site
  • Prepayment conditions will differ for special purpose Loans. Please refer to loan agreement for the same or speak to us on