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Pre Owned Car Loan Fees and Charges

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Pre-owned Car Loans Fees and Charges

Pre Sales charges

Products/Type of charges*	Pre-owned car loan
Stamping Charges	As per actuals
Processing fees	Upto 5% of the total loan amount (Inclusive of GST)
Loan Management Fee/Bundled Fee(If Applicable)	Up to 10000 (Inclusive of GST)
Pre EMI-Charge (If Applicable)	As per actuals
Valuation Charges(If Applicable)	Upto 4000 + GST
Asset Verification Charges (If Applicable)	Upto 4000 + GST
PDD Charges	Upto 2000 + GST
Insurance	If Applicable

Post Sales charges

Products/Type of charges*	Pre-owned car loan
EMI Bounce charges (per presentation)	₹500 + GST
Cheque Swap charges (per swap)	₹500 + GST
Cancellation & Rebooking charges	₹10000+GST towards Cancellation, Cancellation to be received within 30 days or 1st EMI presentation date whichever is earlier. Post which it will be treated as foreclosure. Note: Cases beyond 30 days would be treated towards cancellation only with requisite approval.
Foreclosure / Prepayment charges*	5% of Principle Outstanding Amount + GST (unless specifically approved for lower FC Charges prior to disbursement)
Physical Repayment Schedule	₹500 + GST
Physical Statement of Account	₹500 + GST
Document retrieval charges (per retrieval)	₹500 + GST
Part Payment charges	Part Payment is not allowed
EMI Pickup/ Collection Charges	₹500 + GST
Legal/Collections/ Repossession & Incidental Charges	As per actuals
Late payment/Penal charges/ Default interest/Overdue (per month)	2% per month of the unpaid EMI or ₹300 whichever is higher + GST
Duplicate No Objection Certificate (NOC) Issuance Charges	₹500 Exclusive of GST Special NOC charges ₹500 Exclusive of GST Commercial NOC - ₹2250 Exclusive of GST Inter-State NOC Exclusive of GST Refundable Security Deposit (non-interest bearing) of ₹5,000 will be taken. It will be the borrower’s responsibility to provide the transferred Registration Certificate to the bank. In addition, NOC charge would be ₹500 Exclusive of GST
Transaction/Other Fees (if applicable)	As per Actuals
Easy Buy Card Replacement Fee (If Easy Buy Card Applicable)	₹100 Exclusive of GST
Easy Buy Card Annual Fee (If Easy Buy Card Applicable)	₹99 Exclusive of GST

Any changes in fees/charges will be effective prospectively.

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