Processing Charges on Advances
Processing Charges for Term Loan (One Time)
|Upto Rs.20000/-||No Charges|
|Above Rs.20000/ to Rs.50000/-||Rs.100/-|
|Above Rs.50000/- to Rs.1000000/-||0.01|
|Above Rs.1000000/-||0.30% (Minimum Rs.5000/-)|
Processing Charges for Cash Credit Account (Annually)
|Upto Rs.50000/-||Rs.150/- per annum|
|Above Rs.50000/ to Rs.200000/-||0.35% per annum|
|Above Rs.200000/- to Rs.1000000/-||0.32% per annum (Minimum Rs.700/-)|
|Above Rs.1000000/-||0.18% per annum (Minimum Rs.3200/-)|
- If the enhancement allowed, the charges as applicable to new advance is recovered.
- No processing charges for loans sanctioned against Deposits, Govt. Securities, NSCs, KVPs, IVPs.
- In addition to above charges Service tax applicable as per rules