Schedule of Charges – Auto Loan
Services/Charges
Loan Statement charges (per statement) 250/-
Cheque dishonour charges (per instrument) 450/-
Cheque swap charges (per set) 500/-
Cheque swap charges (per set) also involving intercity transfer, entity change
OR substitution of liability 1000/-
Charges on prepayment made once in calender year (upto 25% of the
a
principal amount outstanding) NIL
b
Charges on prepayment on amount greater than 25% of the principal
c
outstanding in the same calender year 4%
Prepayment charges if the loan is more than 3 years old NIL
System repayment schedule (per schedule) 200/-
Duplicate NOC 500/-
Annual interest certificate NIL
Duplicate annual interest certificate 50/-
a Principal outstanding as on date of prepayment. On Personal Loan, this is applicable
after completion of 12 months of the loan.
b Prepayment could be for part or full payoffs.
c On the amount being prepaid in excess of 25% of the principal outstanding in case of first
prepayment and on total payment in case of second or subsequent prepayment during a
calender year.