| Interest rate
| 16 % PA + Applicable Tax |
| Processing Fee
| ( ₹ 2499/- or 2% P.A. whichever is higher) |
| Penal Interest / Additional Interest
| 3% Outstanding Amount per month |
| Miscellaneous Charges |
| Bounce Charges
| ₹ 2000/- per cheque |
| Gold Deposit Certificate
| ₹ 450 + Applicable Tax (Charges will be applicable on your EMI Due date in case the account does not have an Active mandate after the exhaustion of the given post-dated cheques. This charge would be applied every month until there is an Active Mandate linked to the account). |
| Annual Maintenance Charges
| (up to 1% of sanctioned credit limit, minimum Rs. 1999/- and maximum Rs. 4999/-) |
| Foreclosure Charges
| Up to 1% of the Sanctioned amount |
| Instrument Swap Charges
| ₹ 550 + Applicable Tax |
| Charges for selling Pledged Securities
| All brokerages, transaction charges and other levies as per actual |
| Document/Statement Charges
| ₹ 50/- per statement |
| Fee refundable if loan not sanctioned / disbursed
| None |
| Dormant Account Penalty/Charges in case limit drops to Zero
| Up to ₹ 1000 per month where limits are NIL in the month |
| TRF (Transaction Request Form) Processing Charges
| Up to ₹ 50/- per TRF |
| Pledge creation fees
| Up to ₹ 25/- per NSC/KVP/Bonds/Insurance policy/ Mutual fund unit certificate
|
| De-pledge fees
| Up to ₹ 25/- per NSC/KVP/Bonds/Insurance policy/ Mutual fund unit certificate on release of charge (de-pledge, lien removal, etc.)
|
| Renewal Charges
| ₹ 2500/- P.A.
|
| Interest on Difference on Sanctioned amount and Disbursed amount
| ______% P.M. (minimum 0.5% P.M. and maximum 1% P.M.)
|
| CIBIL Charges
| Up to ₹ 50 per instance
|
| Legal & incidental charges
| As per actual.
|
| Demat Charges
| As applicable to the Demat account from time to time
|
| Demat Charges
| As applicable to the Demat account from time to time
|
| GST and other government levies would be charged additionally as applicable. The above fees/charges are standard rates applicable to the specified loan against securities Products. Above fees/charges are subject to change from time to time as per RFPL s policy and are non-refundable.
|