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Tractor Loan Fees & Charges

Tractor Fees and Charges

Product (Tractor Finance)	Processing Fees
New Tractor	1% of sanction loan amount + GST

Particulars of charges	Descriptions
Bounce charges	Rs 400+ GST
Late Payment charges	2% per month of unpaid EMI or Rs. 300/- ( Whichever is higher) + GST
Stamp duty	As per actual
Valuation (Used Tractor)	As per actual
Legal/Collection/Repo Charges	As per actual
Loan Cancellation	Rs 1000+ GST
Duplicate NOC	Rs 500+GST
Foreclosure/Pre-Payment	2% of o/s loan amount + GST

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