Schedule of Charges – Auto Loan
Services/Charges Loan Statement charges (per statement) Cheque dishonour charges (per instrument) Cheque swap charges (per set) Cheque swap charges (per set) also involving intercity transfer, entity change OR substitution of liability Charges on prepayment made once in calender year (upto 25% of the a principal amount outstanding) Charges on prepayment on amount greater than 25% of the principal outstanding in the same calender year Prepayment charges if the loan is more than 3 years old System repayment schedule (per schedule) Duplicate NOC Annual interest certificate Duplicate annual interest certificate
b
250/450/500/1000/NIL 4%
c
NIL 200/500/NIL 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.