Schedule of Charges for various Avanse Products
CHARGES	Personal Loan	Micro Enterprise Loan (MEL) - Business Loan (BL)	Small & Medium Enterprise - BL	MEL - Loan Against Property (LAP)	SME - LAP	Education Loan	Education Institution Loan	Loan to Financial Institution
Application Fee	Nil	Nil	Nil	Nil	Upto Rs. 10,000/-	Nil	Rs. 10,000/-	Nil
Loan processing fee	Upto 2% of the loan		Upto 3% of the loan	Upto 2% of the loan			1%	0.50%
Cheque / ECS bounce changes (per bounce)	Rs. 400/-		Rs. 2,500/-	Rs. 1,000/-	Rs. 1,000/-	Rs. 400/-	Rs. 1,000/-	Rs. 1,000/-
Interest on Late Payment of EMI (per month on overdue EMI amount/Interest amount)	2% p.m.						24% p.a.	24% p.a.
PDC/NACH/ECS/DD Swap Charges (per swap)	Rs. 1000/-					Rs. 500/-	Rs. 450/-	Rs. 450/-
Collection pickup charges (per visit)		Rs. 500/-	Rs. 750/-	Nil	Nil	Rs. 500/-	Rs. 250/-
Outstation collection, Legal / repossession, Stamp duty, Administrative and Valuation	As applicable and on actual basis
Statement of Account Charges	Nil	Nil	Nil	Nil	Nil	Nil	Rs. 450/- (Note: Nil for once a year.)
Document Retrieval or Handling Charges (At the time of foreclosure)	Rs. 1500/-
Copy of Property/Security Papers	Nil	Nil	Nil	Rs. 500/-	Rs. 1500/-	Rs. 500/-	Rs. 500/-	Rs. 500/-
Additional Repayment Schedule	Nil	Nil	Nil	Nil	Rs. 500/-	Nil	Rs. 450/-	Rs. 450/-
Foreclosure statement charges	Nil	Nil	Nil	Nil	Rs. 500/-	Nil	Rs. 500/-	Rs. 500/-
Copy of Sanction Letter	Nil	Nil	Nil	Nil	Nil	Nil	Nil	Nil
Loan Conversion, Cancellation and Non Encumberance Certificate	As applicable and on actual basis
Demand Draft/Pay Order issuance charges	Nil	Nil	Nil	Nil	Nil	Nil	Rs. 150/- per lac or actual bank charges, whichever is higher.
CERSAI Fees (per property)	Rs. 100/-						Rs. 50/- for loans upto Rs. 5 lacs. Rs. 100/- for loans above Rs. 5 lacs.
Full Pre-Payment / Foreclosure charges	4% of the POS			Nil: For Individual Borrowers 4% of the POS: Other than individual borrowers and foreclosure within 12 months 3% of the POS: Other than Individual borrowers and foreclosure after the expiry of 12 months but before the expiry of 24 months 2% of the POS: Other than Individual borrowers and foreclosure after the expiry of 24 months but before the expiry of 48 months Nil: Other than Individual borrowers and foreclosure after the expiry of 48 months		Nil Note: No pre-payment allowed in the first 6 months of loan disbursement	Pre-payment / Foreclosure not allowed in the first 12 months of loan disbursement. 4% of the POS: Pre-payment / Foreclosure after 12 months till 24 months. 2% of the POS: Pre-payment / Foreclosure after 24 months till 48 months. Note: Pre-payment / Foreclosure allowed only twice a year.
Part Pre-Payment charges	2% of the Principal amount of Loan * Maximum amount upto 25% of the current POS paid within 12 months. ** If part pre-payment amount paid exceed 25% of current POS paid in last 12 months, Full Pre-payment charges will be applicable.			Individual Borrowers: Nil Other than individual borrowers and pre-payment within 12 months: a. Upto 25% of POS – Nil, and b. More than 25% of POS - 4% +GST Other than Individual borrowers and pre-payment after the expiry of 12 months but before the expiry of 24 months: a. Upto 25% of POS – Nil, and b. More than 25% of POS - 3% +GST Other than Individual borrowers and pre-payment after the expiry of 24 months but before the expiry of 48 months: a. Upto 25% of POS – Nil, and b. More than 25% of POS - 3% +GST Other than Individual borrowers and pre-payment after the expiry of 48 months: Nil Note: Part pre-payment is allowed only once in a financial year (April – March). If any of the co-applicants/borrowers is a business entity, prepayment charges are applicable.		Nil Note: No pre-payment allowed in the first 6 months of loan disbursement
Note: The above charges will attract applicable statutory levies and GST.
POS - Principal amount of loan outstanding