| MBL CHARGES |
CHARGE AMOUNT |
| EMI Bounce charges per presentation |
400 (Exclusive of GST) |
| Late payment/Penal charges / default interest (per month) |
2% per month (Exclusive of GST) of the unpaid EMI or ₹300 (Exclusive of GST) whichever is higher |
| Cheque/ Instrument Swap charges (per swap) |
500 (Exclusive of GST) |
| Cancellation & Rebooking charges |
1% of the loan amount + interest from date of disbursal till receipt of cancellation request Cancellation request to be received within 30 days or 1st EMI presentation date, post which cancellation will be treated as foreclosure |
| Processing fees |
Up to 3.5% of the total amount (Exclusive of GST) |
| Foreclosure / Prepayment charges |
5% of Principal outstanding Exclusive of GST |
| Part Payment charges |
Part Payment is not allowed |
| Loan re scheduling charges (per re scheduling) |
300 Exclusive of Taxes |
| Duplicate No Objection Certificate Issuance Charges |
500 Exclusive of GST |
| Repayment Schedule |
500 Exclusive of GST |
| Statement of Account |
500 Exclusive of GST |
| Document retrieval charges (per retrieval) |
500 Exclusive of GST |
| Stamping Charges |
As per actuals |
| EMI Pick up/ Collection Charges |
350 Exclusive of GST |
| Initial Money Deposit charges |
5500 Exclusive of GST |
| Loan protect Insurance |
As applicable |
| Personal Accident Insurance |
As applicable |
| Facilitation Fee |
As applicable |
| EBC Annual Fee (if availed) |
500 Exclusive of GST |
