Products/Type of charges | CONSUMER DURABLE | TWO WHEELER | USED CAR | PERSONAL LOAN | BUSINESS LOAN | HOME EQUITY | HOME LOAN | |||
---|---|---|---|---|---|---|---|---|---|---|
1st Presentation EMI Bounce charges each month | 400 |
400 |
400 |
400 |
400 |
400 |
400 |
|||
2nd Presentation Bounce charges each month | 400 |
400 |
400 |
400 |
400 |
400 |
400 |
|||
Late payment/Penal charges (per month) | 2% of the unpaid EMI or Rs 300 whichever is higher | 2% of the unpaid EMI or Rs 300 whichever is higher | 2% of the unpaid EMI or Rs 300 whichever is higher | 2% of the unpaid EMI or Rs 300 whichever is higher | 2% of the unpaid EMI or Rs 300 whichever is higher | 2% of the unpaid EMI or Rs 300 whichever is higher | 2% of the unpaid EMI or Rs 300 whichever is higher | |||
Cheque Swap charges (per swap) | 500 |
500 |
500 |
500 |
500 |
500 |
500 |
|||
Cancellation & Rebooking charges | 1000 or 5% of loan amount - whichever is higher | 1000 |
2% of the POS or Rs.5000/-, whichever is higher. Additional interest from date of disbursal to be charged. | 1000 or 5% of loan amount - whichever is higher | 1000 |
1% of the loan amount + interest from date of disbursal till receipt of cancellation request or 30 days whichever is lesser | 1% of the loan amount + interest from date of disbursal till receipt of cancellation request or 30 days whichever is lesser | |||
Foreclosure / Prepayment charges | NIL | 5% of principal outstanding amount | 5% of principal outstanding amount | 5% of principal outstanding amount | 5% of principal loan outstanding | As per agreement * | For Floating rate loans- Nil charges For Fixed Rate Loans - Payment through own source of funds - Nil charges Payment not through own source of funds: 5% of Amount Repaid. * |
|||
Loan re scheduling charges (per re scheduling) | NA | NA | NA | NA | NA | 300 | 300 | |||
Duplicate NOC Issuance Charges # | 500 |
500 |
500 |
500 |
500 |
500 |
500 |
|||
Repayment Schedule # | 500 |
500 |
500 |
500 |
500 |
500 |
500 |
|||
Statement of Account # | 500 |
500 |
500 |
500 |
500 |
500 |
500 |
|||
Document retrieval charges (per retrieval) # | 500 |
500 |
500 |
500 |
500 |
500 |
500 |
|||
Stamping Charges | NA | As per actuals | As per actuals | As per actuals | As per actuals | As per actuals | As per actuals | |||
Processing fees | As per agreement | As per agreement | As per agreement | As per agreement | As per agreement | As per agreement | As per agreement | |||
List of Documents # | NA | NA | NA | NA | NA | 500 |
500 |
|||
Initial Money Deposit (Part of PF) | NA | NA | NA | NA | NA | As per application form (Non refundable) | As per application form (Non refundable) | |||
Part Payment charges | NA | NA | NA | NA | NA | As per sanction letter and agreement | As per sanction letter and agreement | |||
EBC & Push Card Replacement Fee | 100 |
100 |
NA | NA | NA | NA | NA | |||
EBC & Push Card Renewal Fee | 100 |
100 |
NA | NA | NA | NA | NA | |||
Please note: | ||||||||||
1)First Presentation will be done on the 5th each month. Kindly ensure your account is funded with sufficient funds by 4th each month to avoid levy of charges | ||||||||||
2) If the EMI for the month bounces and payment against the same is not received in the same month, late payment charges will be applicable. These will be charged every month on a recurring basis till the payment is received | ||||||||||
3) Service tax and government levy on all of the above is applicable | ||||||||||
4) Non-payment of any of the charges levied will be reported to the Credit information company (including CIBIL) and will affect the credit score | ||||||||||
5) # charges will be effective 01-Apr-2017 | ||||||||||
6) * incase a corporate entity is a part of the loan structure; foreclosure charges as stated in the sanction conditions will be applicable. | ||||||||||
7) Schedule of charges are subject to change as per company's discretion from time to time. The company reserves the right to introduce any new charges or fees, as it may deem appropriate. Please visit www.capitalfirst.com to view the updated loan charges |