Pricing Information

Interest and Charges

Transparent pricing for our financial products

Fee Schedule

Type of Charges Applicable Charges
Interest Rate Range (p.a.)*

Business Loans/Working Capital Finance: 8.00% – 25.00%

Benchmark Lending Rate (p.a) 20.00%
Processing Fees/Documentation charges All processing fees/ documentation charges recovered shall be expressly stated in the Loan Agreement/Facility Documents. These would be based upon the customer segment, exposure limit, class of asset financed, expenses incurred in loan processing in a particular geographical location etc. rendering services to the customers.
Cheque / NACH mandate dishonour charges (per instance) INR 1,000 + Taxes
Penal Charges upto 2.00% per month + Taxes
Prepayment/Foreclosure Charges

For Business Loans and Working Capital limits:

upto 2.00% + Taxes on the amount prepaid/Loan Amount

Important Notes

  1. The rate may fall outside the range indicated above in certain circumstances guided by risk assessment of the client.
  2. *With effect from 01-August-2023