Charge Type - Consumer Loans | Details |
---|---|
Processing Fee | Up to 2% of loan amount + applicable taxes |
Repayment bounce charges | Rs.350/- + applicable taxes if any |
Late payment interest | 3% per month on overdue EMI |
Part Prepayment Charges | Up to 5 % of prepaid amount + applicable taxes Upto 25% allowed twice in a year. |
Foreclosure Charges | 5% of principal outstanding + applicable taxes |
Annual Maintenance charges | Nil |
Legal /Recovery charges | As per actuals |
Duplicate NOC charges (Charge is applicable for paper copy post 3 free copies per customer) | Rs 250/- + applicable taxes |
Repayment swap charges (per swap) | Rs 500/- + applicable taxes |
SOA/RPS /FC letter & other documents | Nil |
Cooling-off/ look-up period during which Borrower shall not be charged any penalty on prepayment of loan | 3 Days |
Loan cancellation charges post cooling off period of 3 days | 5% + GST on the outstanding loan amount |
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Apply NowI want to share that your customer care system is so caring that the client feels, they are in safe hands. Entire team works in synergy, which I personally appreciate. I thank the entire team for the great work you are doing for your clients.
The process was user friendly and very smooth. Mukesh was very helpful in guiding me through the journey and gave me proper guidance.
I have upskilled myself and look forward to starting my own venture soon. Smooth process, disbursement in 15 mins of process completion. Extremely satisfied with the assistance of the Call center.
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Vidyanagari Marg, CST Road,
Kalina, Santacruz (E), Mumbai 400 098
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