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Interest Rate of Loan Against Securities

Fees and Charges

Type of Fee

Charges Applicable

Interest rate
9.5% -12%
Processing fees
0.10*% - 1% of the loan amount
Loan statement charges
NIL
Interest and principal statement charges
NIL
Foreclosure charges
NIL
Pre-payment charges
NIL
EMI bounce charges
Rs. 1,000 per bounce
Penal interest
2% per month

*Applicable only for online application for a Loan Against Securities.

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