|
Two -Wheeler |
|
Fees and Charges Name |
Amount (₹) / Percentage (%) |
Processing Fee -Two Wheeler |
Up to 7.00% of Loan Amount as a standard percentage. |
Documentation Charges -Two Wheeler |
Up to Rs. 3000/- |
Cash Handling Charges (If repayment mode is Cash) - Two Wheeler |
Up to Rs. 1500/- |
Commercial Vehicle |
|
Fees and Charges Name |
Amount (₹) / Percentage (%) |
Processing Fee - Commercial Vehicle |
For new Vehicles: |
Documentation Charges |
ICV: Up to Rs. 10,000/- |
Cash Handling Charges (If repayment mode is Cash) |
ICV: Up to Rs. 2,000/- |
Other Charges (Applicable for all loans) |
|
Fees and Charges Name |
Amount (₹) / Percentage (%) |
Bounce Charge / EMI default charge |
In case of default of repayment Rs.450/- |
Penal Charge |
Delay in payment of instalment(s) shall attract penal charges of Rs. 6 per day for TW and Rs. 10 per day for 3W per instalment from the respective due date until the date of receipt of the full instalment(s) amount. |
Stamp Duty (As per respective State) |
As applicable |
Broken period interest / Pre EMI-Interest |
Broken Period Interest/Pre EMI Interest" shall mean the amount of interest on Loan for the number of day(s) which is: |
SOA Charges |
NIL |
Duplicate (Physical) NOC Charges |
Rs. 500/- |
Repossession Charges |
Rs. 5000/- |
Repayment mode Change Charges |
Rs. 590/- |
Hypothecation Charge |
Up to Rs. 200/- |
Mandate registration Charge (Physical Mandate) |
Rs. 118/- |
Stock Yard Parking Charges - Two Wheeler |
Up to Rs.100/- per day for 60 days (max) |
Stock Yard Parking Charges - Commercial Vehicle |
Up to Rs.125/- per day for 60 days (max) |
Loan Cancellation Charges |
Rs.1000/- |
Legal Charges |
At Actuals |
Loan Foreclosure Charge |
3% of Principal Amount being paid towards Part/Full Prepayment. |
Valuation Charges |
2W- Re-finance - up to Rs.500/- |