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| Schedule of Charges | |
|---|---|
| Documentation charges/Legal & Technical Fees | Up to INR 20,000/- (plus taxes as applicable) per instance/per property |
| Penal/Default/Overdue charges/Audit shortfall | Up to 3% p.m. (plus taxes as applicable) compounded monthly, on outstanding/unpaid amount |
| Stock Audit charges | Borne by customer on actual basis |
| Solvency Certificate | Up to 0.10% per Lac with minimum Rs. 1000/- (plus taxes as applicable) and maximum of Rs. 10,000/- (plus taxes as applicable) per Solvency certificate |
| Minimum churning/Tangible Base Capital/Charges for Non Compliance with Sanction terms and conditions* | Up to 3% p.m. (plus taxes as applicable) on outstanding/unpaid amount |
| Processing fee | Upto 2% for sanctioned facilities for new credit facilities & 0.5% of sanctioned facilities for renewal/Review of facilities |
| CGTMSE Fee | As per fee matrix defined by CGTMSE from time to time |
| CGTMSE Administrative charges | Upto 0.5% of the CGTMSE exposure |
| TOD charges | Set-up charges - Up to INR 20,000/- (plus taxes as applicable) per instance, Rate of Interest - up to 2% p.m. (plus taxes as applicable) compounded monthly on TOD amount |
| Ad-hoc charges | Set-up charges - Up to Rs. 10,000/- (plus taxes as applicable) per instance, Rate of Interest - up to 2% over and above the contracted ROI (plus taxes as applicable) on Adhoc amount |
| End-use Certificate delays | Up to INR 5,000/- p.m. (plus taxes as applicable) until the certificate is submitted |
| Net Worth statements delays | Up to INR 10,000/- p.m. (plus taxes as applicable) until it is submitted |
| Foreclosure Charges/Prepayment Charges (as per borrowers request) | The borrower shall be liable to pay 2% foreclosure / closure charges on entire revolving limits and on the outstanding of non-revolving limits at the time of closure. Micro and Small Enterprises are exempted from closure charges on fixed rate INR loan(s) up to INR 50 lakh, and floating rate INR loan(s) subject to such closure being through own source of funds. The borrower entities shall be required to submit proof(s) qualifying as own source of funds to the satisfaction of the Bank. |
| Termination/Closure charges for revolving facilities (as per borrowers request) | Up to 3% of Outstanding amount (plus taxes as applicable) for Term Loan (non-revolving) limits; Up to 3% of sanction amount or Outstanding, whichever is higher (plus taxes as applicable) for Non-Term Loan (revolving) limits; |
| Commitment Charges for non-utilization of limits | Up to 2% of limits, if utilization of limits for the quarter is below 60% |
| Limit Extension/Overdue Renewal Charges | Rate of Interest - up to 2% over and above the contracted ROI (plus taxes as applicable) for Overdue Renewals beyond 30 days; Up to 3% p.m. (plus taxes as applicable) on outstanding/unpaid amount, in case of exit beyond renewal/review due date without renewal |
| Creation of Bank charge on collateral in various mandated databases, such as CERSAI, ROC etc. | Up to higher of INR 5000/- per instance or on actuals (plus taxes as applicable) |
| Change in collateral/modification | Up to 0.25% of sanction amount (plus taxes as applicable) |
| Certificates on Borrower Request (acceptable for issuance to Bank) | Up to INR 10,000/- (plus taxes as applicable) per instance |
| Subsidy Application Charges | Up to INR 5,000/- (plus taxes as applicable) per instance |
| Subsidy Processing/Administration Charges | Up to INR 50,000/- (plus taxes as applicable) per instance |
| Collateral Swap Charges | Up to INR 50,000/- (plus taxes as applicable) per instance |
| *In case of regular non-compliance with Sanction Terms, Bank reserves the right to drop the limit | |
