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Interest Rates, Charges, Fees and Commission
GST Business Loan
Features and Facilities
Schedule of Charges
Interest Rates, Charges, Fees and Commission
| Nature of Charges | Details |
|---|---|
Processing Fees |
Up to 2% (plus applicable taxes) of the facility amount |
Interest Rate |
For secured facilities: Up to Repo Rate +6.0 %(Non PSL) |
Stamp Duty and other statutory charges |
As per applicable laws of the state |
Commission on Letters of Credit and Bank Guarantee |
Up to 2% p.a. commission shall be charged on pro-rata basis based on the tenure and the amount of non-fund based facility being availed |
Commitment Charges |
Commitment charges to be charged as per the terms and condition mentioned in the sanction letter |
Foreclosure Charges |
Foreclosure charges to be charged as per the terms and condition mentioned in the sanction letter Nil foreclosure charges for Micro and Small enterprises. |
