Sr

Charge Type

Charge Amount with Terms applicable

   1

Late Payment Interest in the event of Default

3% Monthly in addition to applicable interest on all Over dues EMI

   2

Broken Period Interest / Pre-EMI Amount

Amount chargeable as interest from the date of disbursement of loans in terms of the agreement till the date of commencement of first repayment date for payment of EMI. This amount would be upfront deducted from the Loan amount.

   3

Pre-payment charges

• 6% + GST to apply on the amount prepaid incase loan is being foreclosed within 12 month of loan origination
• Post 12 months, 5% + GST to apply on the amount prepaid

4

Partial Prepayment

• 3% prepayment fee for partial prepayment
• Amount of Part Prepayment has to be equal to or greater than 10% of the principal outstanding.

    5

Cheque Bounce charges

Upto Rs. 2000/-

6

PDC Swapping Charges

Rs 1000/- per swapping

7

Hardcopy of Statement of Account

Rs 500/- per statement

8

Hard copy of Repayment Schedule

Rs 500/- per statement

9

Fees for photocopy of property documents

1000/-

10

Document retrieval charges on closed loan

A charge of Rs 1000 + GST is applicable if document is not collected from SBFC Branch within 21 days from the date of intimation for collection of property papers.

On crossing 30 days, SBFC as per the process will send back the documents to Storage and subsequent retrieval would be done basis request from customer and same would be made available within 21 days

11

Hardcopy of Balance Outstanding Letter/ Foreclosure letter

Rs 500/-

12

Switch Fee

Fee Structure

Up to Rs 25 Lacs                   Rs 2500/-

25 Lacs & Above                  Rs 5000/-

13

Legal, Collection and Incidental Charges

 At Actual

   14

Stamp Duty and other Statutory Charges

As per applicable laws.

Stamp Duty amount for execution of Loan agreement would be either deducted from Loan amount or collected upfront by our Authorized sales representative

  15

CERSAI / CIBIL / ROC charges

As applicable

 16

Processing Fees

As per Sanction Letter

17

Fees for Hard Copy of NOC

Rs 500/-

Sr

Charge Type

Charge Amount with Terms applicable

1

Processing Fee

Upto 1% + GST on Loan Amt

2

Penal Interest

Upto 12% on Principal O/s

3

Foreclosure/Renewal Charge

0.25% + GST on Principal O/s

4

Auction Admin Charges

Rs. 2000/-

5

Charges for Auction Notices

45 per notice