| Processing Fees |
Up to 4% of Sanction Limit + Applicable Taxes (as approved for specific corporate client) |
Up to 4% of Sanction Limit + Applicable Taxes |
| Handling Charges/Transaction Charges |
N/A |
N/A |
| Login Fees Non-Refundable |
N/A |
N/A |
| Renewal Processing Fee |
N/A |
N/A |
| Fleet Management Charges |
As calibrated for specific vehicle and usage |
As calibrated for specific vehicle and usage |
| Break Fee (closure prior to minimum lock-in period) |
Up to 3% p.m. applicable on amount outstanding (as approved for specific corporate customer) + Applicable Taxes |
Up to 3% p.m. applicable on amount outstanding + Applicable Taxes |
| Repayment Instruction / Instrument Return Charges |
₹500 + Applicable Taxes per instance |
₹500 + Applicable Taxes per instance |
| Penal charges for delayed payment |
Up to 3% p.m. applicable on amount overdue (as approved for specific corporate customers) + Applicable Taxes |
Up to 3% p.m. applicable on amount overdue +Applicable Taxes |
| Penal charges- Noncompliance to sanction terms and conditions |
Up to 3% p.m. applicable on monthly billing (as approved for specific corporate customers) + Applicable Taxes |
Up to 3% p.m. applicable on monthly billing + Applicable Taxes |
| Foreclosure Charges Floating Rate Loans |
Up to 4% of amount pre-paid + Applicable Taxes (as approved for specific corporate customer) |
Up to 4% of Loan outstanding + Applicable Taxes |
| Part Pre-payment charges Floating Rate Loans |
Up to 4% of amount pre-paid + Applicable Taxes (as approved for specific corporate customer) |
Up to 4% of amount pre-paid + Applicable Taxes |
| Foreclosure Charges Fixed Rate Loans |
Up to 4% of Loan outstanding + Applicable Taxes |
Up to 4% of Loan outstanding + Applicable Taxes |
| Part Pre-payment charges Fixed Rate Loans |
Up to 4% of amount prepaid + Applicable Taxes |
Up to 4% of amount prepaid + Applicable Taxes |
| Switching Fees (Higher Floating Rate to Lower Floating Rate) |
Up to ₹5,000 + Applicable Taxes per instance |
Up to ₹5,000 + Applicable Taxes per instance |
| Issuance Charges for Photocopy of Title Deeds |
Up to ₹500/- + Applicable Taxes per document set |
NA |
| Any other Charges not covered above |
As approved on for specific corporate |
As approved for specific case |
| Legal Charges |
Any cost borne by the company to be charged on actual to the Lessee |
Any cost borne by the company to be charged on actual to the Lessee |
