Fees and Charges

Types of fees Charges applicable
Rate of interest 14- 17%
Processing fees 2% of the loan amount for salaried individuals
Loan statement charges NIL
Interest & principle statement charges NIL
PDC swap charges NIL
EMI bounce charges Rs.1000 for every bounce
Penal interest 2.00% p.m
Secure fee Rs. 2999/-

*Applicable following 1st EMI clearance.

 

Foreclosure Charges

Borrower Type: Interest Type Time Period (Months) Foreclosure charges
Individual: Floating rate >1 Nil
Non-Individual: Floating rate & All borrowers: Fixed rate >1 4% plus applicable taxes
  • For Term Loan on principal outstanding
  • For Line of credit (Flexi Pure) Charges will be calculated on sanctioned limit
  • For Flexi Saver (Dropline Flexi) charges will be calculated on current Dropline limit

 

Part prepayment Charges

Borrower Type: Interest Type Time Period (Months) Part payment charges
Individual: Floating rate >1 Nil
Non-Individual: Floating rate & All borrowers: Fixed rate >1 2% plus applicable taxes on part payment amount paid
  • Part payment made should be more than 1 EMI
  • Charges not applicable for Line of credit (Flexi Pure) & Flexi Saver (Dropline Flexi)

 

Contact Us

For any queries regarding Chartered Accountant Loan, please SMS CA to 9773633633 or Give a missed call on 09266900069