|Charge Type - Personal Loans
|Up to 3% of loan amount + applicable taxes
|Repayment/EMI Bounce Charges
|Late Payment Interest (LPI)
|2% per month on overdue EMI
*LPI revised from 3% to 2% per month on overdue EMI w.e.f. 4th Dec 2023
|Part Prepayment Charges
|Up to 5% of prepaid amount + applicable taxes
|5% of principal outstanding + applicable taxes
|Annual Maintenance Charges
|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
|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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