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Micro Enterprise Loan Fees & Charges

Schedule of Charges

Loan Processing Fees	Up to 2% of the Sanctioned Amount + GST
EMI Bounce Charges per presentation	Rs 500/- + GST
Penal Charges	2% per month of Unpaid EMI or 300/- (Whichever is Highest) + GST
Cheque Swap Charges (per swap)	Rs. 500/- + GST
Foreclosure/ Prepayment Charges	4% of the principal outstanding amount + GST (as applicable)
Stamping Charges	As Per Actuals
Rate of interest	17%-28%
Average Credit TAT	14 days for MSME tagged applications
EMI Pick-up/collection charges	Rs 500/- + GST

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