| Name of the company: Capital First Limited | |||||
|---|---|---|---|---|---|
| Loan Category | Interest Rate charged | Processing Fee (% of the amount) | Foreclosure Charges | Penal Charges | |
| Minimum | Maximum | ||||
| Retail Loan: | Upto 2.00% | 1) ECS/PDC/DD/ACH Bounce
Charges - 400/- per Instrument 3) Change in Repayment mode Charges - 500/- per swapping 4) Loan cancellation Charges - 1000/- 5) Late Payment Charges - 2% per month on unpaid EMI 6) NOC Issuance Charges - First Nil, Duplicate NOC 500/- |
|||
| Home Loan* | 11.00% | 12.50% | *For Individual HL- NIL | ||
| Loans to MSME Against Property |
12.00% | 13.00% | |||
| Consumer Durable Loan# | #NIL | ||||
| Business Loan | 13.00% | 19.00% | Upto 5.00% of the principal loan outstanding and no foreclosure up to 6 months | ||
| Two Wheeler Loan | 12.00% | 22.00% | |||
*For retail loans like Two Wheeler loans, Business loans to small traders, MSME, the operating cost is higher and hence rate of interest is charged to the Customer accordingly.
*The above are standard rates- actual rate will vary depending about internal credit parameters
Copyright © Capital First Limited
Copyright © Capital First Limited
