|Charge Type - Personal Loans||Details|
|Processing Fee||Up to 2% of loan amount + applicable taxes|
|Repayment/EMI Bounce Charges||₹ 350/- + applicable taxes if any|
|Late Payment Interest/Charges||3% per month on overdue EMI|
|Part Prepayment Charges||Up to 5 % of prepaid amount + applicable taxes.|
|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)||₹ 250/- + applicable taxes|
|Repayment swap charges (per swap)||₹ 500/- + applicable taxes (applicable only for branch walk-ins)|
|Charges for documents like Statement of Account/Repayment Schedule /Foreclosure Letter & Welcome Kit||Nil|
|Cooling-off/ look-up period during which Borrower shall not be charged any penalty on prepayment of loan||3 Days from the date of disbursement|
|Loan cancellation charges post cooling off period of 3 days||5% + applicable taxes on the outstanding loan amount|
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The process was user friendly and very smooth. Mukesh was very helpful in guiding me through the journey and gave me proper guidance.
I 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.
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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