S.No 
 Particulars 
 Details 
 1. 
 Default Interest
 2% per month on overdue amount
 2. 
 Monthly Instalment Bounce Charges (for each mandate bounced)
 Rs. 500 plus applicable GST
 3. 
 Monthly Instalment Late Payment Fee (for each missed Instalment of loan without registered Mandate)
 Rs. 500 plus applicable GST
 4. 
 Loan Cancellation Charges
 Cancellation request is valid only if raised within 7 days from drawdown date
 Rs. 2000 plus applicable GST
 5. 
 Foreclosure Charges
 Nil for purchases
 5% of Outstanding Principal for cash advances, plus applicable GST
 6. 
 Effective Date
 03.06.2022