Personal Loan Overdraft Fees and Charges

Personal Loan Overdraft Interest Rates Per Year

13.50% onwards

Charges

Processing fees

 Up to 3% of the loan amount and GST

Annual Maintenance Charge

 0.25% or 1000 Rs whichever is higher

Penal Interest / Additional Interest

 3% overdue amount per month + GST

Post Dated Cheque Charges

 Rs. 850 + GST

Bounce Charge

 Rs. 600 for every Cheque / payment instrument /ECS dishonor + GST

Cancellation Charge

 2% of loan amount or Rs. 5750 ,whichever is higher + GST

Instrument swapping charges

 Rs. 550 + GST

Foreclosure charges for Overdraft Facility

 No Foreclosure is allowed in first 6 months. 4.5% on the dropped down limit amount +  GST

Mandate Rejection Service Charge

 Rs. 450 + GST. Charges will be levied if new mandate form is not registered within 30 days from the date of rejection of previous mandate from by customer’s bank for any reasons whatever.

Overdraft Facility Annual Maintenance Charges

 0.25% of dropline amount + GST or Rs 1000, whichever is higher per year will be deducted from the limit and shall be payable at the end of 13th Month.

Outstation collection charge

 Rs 100 + GST

Statement of account

 Soft Copy – Nil, Branch walk in Rs 250 + GST

Duplicate Repayment Schedule

 Soft Copy – Nil, Branch walk in Rs 550 + GST

Duplicate NOC

 Rs 550 + GST

Foreclosure letter Charges

 Soft Copy – Nil , Branch walk in – Rs 199 + GST

Disclaimer

The fees/charges indicated above are subject to revision at Tata Capital’s discretion from time to time.

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