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Interest Rate of Loan Against Shares

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Fees and Charges

Types of Fees Charges Applicable
Interest rate 9.50% to 12% p.a
Processing fees 0.10*% - 1% of the loan amount
Loan statement charges Rs. 50
Interest and principal statement charges NIL
Foreclosure charges NIL
Pre-payment charges NIL
Bounce Charges Rs.1200 per bounce (Inclusive of applicable taxes)
Penal interest 2% per month + applicable taxes

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

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