SCHEDULE I
(Schedule of Charges)
| Sr. No. | Fee & Charges* | Amount |
|---|---|---|
| 1) | Bounce Charges | INR 500 for every Cheque or Payment Instrument or ECS Dishonour plus GST |
| 2) | Instrument swap Charges | INR 500 per swap plus GST |
| 3) | Prepayment Charges | Secured Loan |
a) Less than 1 year of aging: No Prepayment Allowed
b) Less than 2 years of aging:
I) Prepayment up to 25% of current POS within one Financial year: 1%
II) Prepayment above 25% of current POS within one Financial year: 3%
c) Greater than 2 years aging:
I) Prepayment up to 25% of current POS within one Financial year: 0%
II) Prepayment above 25% of current POS: 1%
Unsecured Loan
a) Less than 6 months of aging: No Prepayment Allowed
b) Greater than 6 months of aging: 2% up to 25% only in a period of 6 months
Less than 1 year of aging: No Foreclosure Allowed
Less than 2 year of aging: 4% of current POS
Between 2 – 5 year of aging: 2% of current POS
Greater than 5 year of aging: 1% of current POS
Unsecured Loan
Less than 6 months of aging: No Foreclosure Allowed
Greater than 6 months of aging: 5% of current POS
Up to INR 25 Lakh POS: INR 2,500 plus GST
Above INR 25 Lakh POS: INR 5,000 plus GST
