Fees and Service Charges
Following charges would be recovered from the clients based upon charge schedules prevailing at the time.
Loan Against Securities
| Charge |
Amount |
| Documentation Charges |
INR 750 (incl. of Service Tax) |
| Pre-payment Charges |
upto 2% of prepaid amount |
Service Tax and other Government taxes, levies, etc as per the prevailing rates.
Loan Against Purchase of Shares
| Charge |
Amount |
| Documentation Charges |
INR 750 (incl. of Service Tax) |
Service Tax and other Government taxes, levies, etc as per the prevailing rates.
Promoter Funding.
| Charge |
Amount |
| Documentation Charges |
INR 750 (incl. of Service Tax) |
| Processing Charges |
1 – 2% of Sanction Amount |
| Prepayment Charges |
upto 2% of prepaid amount |
Service Tax and other Government taxes, levies, etc as per the prevailing rates.
Initial Public Offer (IPO) Funding
| Charge |
Amount |
| Documentation Charges |
INR 750 (incl. of Service Tax) |
Service Tax and other Government taxes, levies, etc as per the prevailing rates.
ESOP Financing
| Charge |
Amount |
| Documentation Charges |
INR 750 (incl. of Service Tax) |
| Prepayment Charges |
upto 2% of prepaid amount |
| Processing Charges |
1% of the sanctioned amount |
Service Tax and other Government taxes, levies, etc as per the prevailing rates.
Secured Business Loans
| Charge |
Amount |
| Upfront Originating Fees |
INR 5515 |
| Processing Charges |
1% of the sanctioned amount |
Prepayment Charges
Foreclosure Charges |
3% on amount prepaid
5% on amount prepaid and on all amounts tendered by the borrower towards prepayment of the loan during the last one year from the date of final prepayment.
No prepayment or foreclosure allowed in less than 6 MOBs. |
Service Tax and other Government taxes, levies, etc as per the prevailing rates.
Loan Against Gold
| Charge |
Amount |
| Processing Charges |
Scheme based |
| Prepayment Charges / Foreclosure / Renewal Charges |
Rs. 10 |
Service Tax and other Government taxes, levies, etc as per the prevailing rates.
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