Note: GST, other government taxes and levies as applicable, will be payable on all fees and charges.
Rate Description | Party to the Agreement & Purpose | Foreclosure Charges within 12 months of Disbursement | Foreclosure Charges after 12 months of Disbursement |
---|---|---|---|
Floating Rate Scheme | Individual Borrower with end use other than business | No charges | No charges |
Floating Rate Scheme | Individual Borrower with end use as business | 6% of Principal Outstanding | 4% of Principal Outstanding |
Floating Rate Scheme | Non- individual Borrower irrespective of end use | 6% of Principal Outstanding | 4% of Principal Outstanding |
Fixed Rate scheme | Individual/s non individual borrowers irrespective of the end use | 6% of Principal Outstanding | 4% of Principal Outstanding |