Charges Applicable Rate*
Interest rate Starting at 11.99% p.a.
Processing fees Up to 5.5% of the loan amount + GST
Foreclosure charges 4.5% on the principal outstanding at the time of foreclosure
Default in payment of amounts 3% per month on overdue amount + applicable taxes
Dishonour of any cheque/payment instruments Rs.600 for every cheque/payment instrument dishonoured