Transparent pricing for our financial products
| Type of Charges | Applicable Charges |
|---|---|
| Interest Rate Range (p.a.)* |
Business Loans/Working Capital Finance: 8.00% – 25.00% |
| Benchmark Lending Rate (p.a) | 20.00% |
| Processing Fees/Documentation charges | All processing fees/ documentation charges recovered shall be expressly stated in the Loan Agreement/Facility Documents. These would be based upon the customer segment, exposure limit, class of asset financed, expenses incurred in loan processing in a particular geographical location etc. rendering services to the customers. |
| Cheque / NACH mandate dishonour charges (per instance) | INR 1,000 + Taxes |
| Penal Charges | upto 2.00% per month + Taxes |
| Prepayment/Foreclosure Charges |
For Business Loans and Working Capital limits: upto 2.00% + Taxes on the amount prepaid/Loan Amount |