| Processing Fees |
Up to 4 % of Sanction Limit + Applicable Taxes (as approved for specific corporate client) |
Up to 4 % of Sanction Limit+ Applicable Taxes |
| Contract Restructuring Charges |
2% of the Principal Outstanding as on the date of restructuring |
2% of the Principal Outstanding as on the date of restructuring |
| Order Cancellation Charges (Prior to Supplier Invoice / Payment – whichever is earlier) |
On Actuals |
Equivalent to 1 month lease rental plus Actual Loss |
| Fleet Management Charges |
Actuals as calibrated for specific vehicle and usage |
Actuals as calibrated for specific vehicle and usage |
| Extra Mileage Charges |
Actuals as calibrated for specific vehicle and usage |
Actuals as calibrated for specific vehicle and usage |
| Break fee (closure prior to minimum holding period) |
Up to 3.00% p.m. applicable on amount outstanding (as approved for specific corporate customers) + Applicable Taxes |
Up to 3.00% p.m. applicable on amount outstanding + Applicable Taxes |
| Cheque/ACH/NACH/ECS/Direct Debit Bounce Charges |
₹500 + Applicable Taxes per instance |
₹500 + Applicable Taxes per instance |
| Penal charges for delayed payment |
Up to 36% per annum. applicable on amount overdue + applicable taxes |
Up to 36% per annum. applicable on amount overdue + applicable taxes |
| Penal charges - Noncompliance to sanction terms and conditions |
Up to 3.00% p.m. applicable on monthly billing (as approved for specific corporate customers) + Applicable Taxes |
Up to 3.00% p.m. applicable on monthly billing+ Applicable Taxes |
| Foreclosure Charges |
Up to 4% of Loan outstanding + Applicable Taxes |
Up to 4% of Loan outstanding + Applicable Taxes |
| Part Pre-payment charges |
Up to 4% of amount prepaid + Applicable Taxes |
Up to 4% of amount prepaid + Applicable Taxes |
| Duplicate NOC Issuance Charges |
Up to ₹500/- + Applicable Taxes per NOC |
Up to ₹500/- + Applicable Taxes per NOC |
| Issuance Charges for Photocopy of Title Deeds |
Up to ₹500/- + Applicable Taxes per document set |
NA |
| 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 |
