Charge type - Loan to ProfessionalDetails
Processing FeesUpto 2.5% on sanctioned amount + applicable taxes
Repayment Bounce Charges 1,000/- (Loan sanction amount upto 50 lakhs)

1,500/- (Loan sanction amount greater than 50 lakhs)
Late Payment Interest2% per month on overdue EMI
Part Prepayment Charges applicable in case of Term loan / Dropline Overdraft / Hybrid OverdraftTerm Loan: Not allowed till 6 months from disbursement
2% + GST, if applicable on total part-prepayment amount.

Dropline / Hybrid Overdraft: No charges applicable. Part - prepayment of Loan will not amount to limit reduction
Annual Maintenance Charges in case of Dropline / Hybrid Overdraft0.75% + GST (if applicable), to be charged upfront at the time of disbursement, on the Hybrid Limit (applicable only for Hybrid OD).

0.5% + GST (if applicable), on the Dropline / Hybrid Limit as on the 13th Instalment & every anniversary thereafter.
Legal /Recovery ChargesAs per actuals
Foreclosure Charges- Term Loan / Dropline Overdraft/ Hybrid OverdraftForeclosure not allowed till 6 (six) months from Disbursement.

After 6 (six) months at 5% + GST, if applicable, on outstanding Loan (for term loan) / Dropline Limit (for Dropline Overdraft) / Hybrid Limit (for Hybrid Overdraft) on the date of such foreclosure.

In the event foreclosure is allowed prior to 6 (six) months from disbursement, a charge of 10% + GST if applicable, on the outstanding Loan (for Term loan) / Dropline Limit (for Dropline Overdraft) / Hybrid Limit (for Hybrid Overdraft) on the date of such foreclosure shall be applicable.
Statement of Account / Repayment Schedule / No Dues Certificate / Interest CertificatePhysical copy at a charge of 500/- +GST if applicable, per statement/letter/certificate. No charges for digital copies.
Repayment Swap Charges (per swap) 500/- +GST, if applicable.

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Sub Products

Loans for Chartered Accountant

Loans for Chartered Accountant

Provide an excellent service to your clients through an office space of your own.

Loans for Doctor

Loans for Doctor

Begin or expand your practice with the latest technology and equipment.

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Our Achievements

Our Achivements
Our Achivements

Loans to Professionals

Loans to Professionals

  • Disbursed 10,683 Crore in FY22 (9% YoY)
  • Book value was 30,521 Crore.

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