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General Schedule of Fees and Charge - ARB Crop Loan

Sr. No.	Type of Charges	Charges
1	Documentation charges	Rs. 5000/-
2	Stamp duty and/or document registration charges	As per actuals; to be borne by the Borrower/ Security Provider.
3	Processing Fee	Upto 2.00% of Sanctioned Limit
4	Interest Rate	Min : Prevailing MCLR or Reference rate
4	Interest Rate	Max : 24%
5	Penal Charge	Amounts standing unpaid on respective due dates shall attract penal charge at 8% per annum (to be charged for actual no. of days) on overdue amount plus applicable taxes.
6	Dishonour of cheque charges	Rs. 750/- per instance
7	Swap charges i.e. Replacement of Post Dated Cheques (PDCs)	Rs. 1000/- Per Swap
8	Foreclosure charges for Term Loan	3.00% foreclosure charges/pre payment charges are applicable to the borrower for fixed rate term loans sanctioned to individual borrowers. NIL foreclosure charges/pre payment charges are applicable to the borrower for floating rate term loans sanctioned to individual borrowers.
9	Foreclosure charges on facilities other than Term Loan	3.00 % of Sanctioned Limit
10	Foreclosure charges for MSE	2% of Principal Outstanding for Non-revolving and 2% of Sanctioned limits for Revolving facilities.
		No Foreclosure charges shall be applicable to MSE (Micro and Small Enterprise) borrowers in case of closure of any floating rate loans or in case of closure of fixed rate loans up to INR 50.00 lakh subject to the condition that such closure is carried out by the borrower from funds of own sources.

		The borrower shall be required to submit the Bank any suitable proof of funds being from own sources.

		For any takeover cases and all other instances other than above, foreclosure / closure charges of 2% of principal outstanding for non-revolving facilities and 2% of sanctioned limits for revolving facilities will be applicable to the borrower
11	Charges applicable in case customer request for copies of records pertaining to his transaction (Statement Of Account / Amortization Schedule etc )	Rs. 1000/- per request / per record
12	Charges for Issuance of Credit Solvency Certificate	Rs. 5000/- per issuance. It is agreed and understood by the Borrower that issuance of a solvency certificate shall be at the absolute and sole discretion of the Bank and the Bank may refuse issuance of such certificate in exercise of its discretionary right.
13	Loan Cancellation charges	Rs. 2500/- per agreement
14	Duplicate foreclosure statement charges	Rs. 1000/-
15	Credit Administration charges	1.00 % of Sanctioned Limit
16	Replacement of Property / Asset / Collateral	Rs. 2000/- per instance /per property
17	Part Release of Collaterals	Rs. 3000/- per property
18	Valuation charges	As per Actuals; to be borne by the Borrower and in the event of non-payment by the Borrower, the Bank shall be entitled to auto debit the Borrower's account without any further notice.
19	Title Clearance charges	As per Actuals; to be borne by the Borrower and in the event of non-payment by the Borrower, the Bank shall be entitled to auto debit the Borrower's account without any further notice.
20	Mortgage charges	As per Actuals; to be borne by the Borrower and in the event of non-payment by the Borrower, the Bank shall be entitled to auto debit the Borrower's account without any further notice.
21	Stock Audit charges	Rs. 5000/- per audit
22	Minimum limit utilisation charges	Rs 10000/-
23	Minimum churning charges	Rs 10000/-
24	Stock statement delays	Rs 5000/- per month till the statement is submitted. Stock statement has to be submitted within 15 days from end of month. Delay in submission of more than 60 days will result in reductions of limits at the absolute and sole discretion of the Bank.
25	Delay in submitting stock insurance policy	Rs 5000/- per month till policy/cover note is submitted. Delay in submission of more than 60 days will result in reductions of limits at the absolute and sole discretion of the Bank. Deadlines: Cover note: 15 days from expiry of existing policy;
		Renewed policy: 30 days from expiry of existing policy
		(for Take over cases Insurance to be completed within 45 days from the date of first disbursement.)
26	Collateral Management Agency charges	1.00 % of utilisation or Rs. 35000/- per location per month, whichever is higher.
27	Charges for issuance of duplicate No Dues Certificate	Rs. 5000/-
28	Renewal Processing Fee	1.00 % of the renewed limit
29	Supervision / Crop Verification charges for Kisan Credit Card (KCC ) / Term Loan / Over Draft facilities	For limits <= 10 Lacs- Rs. 750/-
		For limits > 10 Lacs to 25 Lacs- Rs. 1250/-
		For limits >25 Lacs to 50 Lacs- Rs. 1500/-
		For limits >50 Lacs- Rs. 3000/-
		-To be debited every 6 months

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For assistance, call us at 1800 209 5600 from Monday to Saturday (9:30 am to 6:30 pm, excluding holidays)

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You are never too far away from quick, efficient banking services. Locate your nearest branch or an ATM.

For assistance, call us at 1800 209 5600 from Monday to Saturday (9:30 am to 6:30 pm, excluding holidays)

Your opinion is important to us. We'll check how we can use it to improve our services

Crop Loans

General Schedule of Fees and Charge - ARB Crop Loan

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Crop Loans

General Schedule of Fees and Charge - ARB Crop Loan

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