Education Loan | Study Loan | EMI Calculator

Application Fee	Nil
Loan processing fee	Upto 2%
Cheque / ECS bounce changes (per bounce)	Rs. 1,000/-
Interest on Late Payment of EMI (per month on overdue EMI amount/Interest amount)	2% p.m.
PDC / NACH / Repayment mandate Swap Charges (per swap)	Rs. 1,000/-
Collection pickup charges (per visit)	Rs. 500/-
Repayment Mandate pickup charges (per visit)	Rs. 1,000/-
Outstation collection, Legal Evaluation / repossession, Stamp duty, Administrative and Valuation	As applicable and on actual basis
Statement of Account Charges $	Rs. 1,000/-
Statement of Account Charges (Self Service portal)	Nil
Document Retrieval / Maintenance Charges	Rs. 2,500/-
Copy of Property / Security papers	Nil
Repayment Schedule (Self Service Portal)	Nil
Additional Repayment Schedule ^	Rs. 500/-
Foreclosure statement charges	Nil
Copy of Sanction Letter	Nil
Loan Conversion, Cancellation and Non Encumberance Certificate	As applicable and on actual basis
Demand Draft/Pay Order issuance charges	Nil
Collateral Swap Charges	Nil
Charges for updating & handling loan account as per customer request (per updation)	Nil
CERSAI Fees (per Collateral)	Nil
Information Utility submission (per reporting per year)	Nil
Foreclosure charges	4% of the POS
Pre-Payment charges	2% of the Principal amount of Loan * Maximum amount upto 25% of the current POS paid within 12 months. ** If pre-payment amount paid exceed 25% of current POS in last 12 months, Full Pre-payment charges will be applicable.
Note: The above charges will attract applicable statutory levies and GST. $ Applicable for requests, over and above the half yearly statements sent to registered email id. ^ Applicable for additional requests received for statements over and above issued during part prepayment
POS - Principal amount of loan outstanding

schedule of charges

schedule of charges – All Products
(Effective 1st May, 2021)

Application Fee	Nil
Loan processing fee	Upto 3%
Cheque / ECS bounce changes (per bounce)	Rs. 2,500/-
Interest on Late Payment of EMI (per month on overdue EMI amount/Interest amount)	2% p.m.
PDC / NACH / Repayment mandate Swap Charges (per swap)	Rs. 1,000/-
Collection pickup charges (per visit)	Rs. 500/-
Repayment Mandate pickup charges (per visit)	Rs. 1,000/-
Outstation collection, Legal Evaluation / repossession, Stamp duty, Administrative and Valuation	As applicable and on actual basis
Statement of Account Charges $	Rs. 1,000/-
Statement of Account Charges (Self Service portal)	Nil
Document Retrieval / Maintenance Charges	Rs. 2,500/-
Copy of Property / Security papers	Nil
Repayment Schedule (Self Service Portal)	Nil
Additional Repayment Schedule ^	Rs. 500/-
Foreclosure statement charges	Nil
Copy of Sanction Letter	Nil
Loan Conversion, Cancellation and Non Encumberance Certificate	As applicable and on actual basis
Demand Draft/Pay Order issuance charges	Nil
Collateral Swap Charges	Nil
Charges for updating & handling loan account as per customer request	Rs. 1,500/-
CERSAI Fees (per Collateral)	Nil
Information Utility submission (per reporting per year)	Nil
Foreclosure charges	4% of the POS
Pre-Payment charges	2% of the Principal amount of Loan * Maximum amount upto 25% of the current POS paid within 12 months. ** If pre-payment amount paid exceed 25% of current POS in last 12 months, Full Pre-payment charges will be applicable.
Note: The above charges will attract applicable statutory levies and GST. $ Applicable for requests, over and above the half yearly statements sent to registered email id. ^ Applicable for additional requests received for statements over and above issued during part prepayment
POS - Principal amount of loan outstanding

Application Fee	Upto Rs. 6,000/-
Loan processing fee	Upto 2%
Cheque / ECS bounce changes (per bounce)	Rs. 1,000/-
Interest on Late Payment of EMI (per month on overdue EMI amount/Interest amount)	2% p.m.
Additional Interest/ Default Charges (including on non-compliance of loan terms) #	2% p.m.
PDC / NACH / Repayment mandate Swap Charges (per swap)	Rs. 500/-
Collection pickup charges (per visit)	Rs. 500/-
Repayment Mandate pickup charges (per visit)	Rs. 1,000/-
Outstation collection, Legal Evaluation / repossession, Stamp duty, Administrative and Valuation	As applicable and on actual basis
Statement of Account Charges $	Rs. 1,000/-
Statement of Account Charges (Self Service portal)	Nil
Document Retrieval / Maintenance Charges	Rs. 2,500/-
Copy of Property / Security papers	Rs. 1,000/-
Repayment Schedule (Self Service Portal)	Nil
Additional Repayment Schedule ^	Rs. 500/-
Foreclosure statement charges	Nil
Copy of Sanction Letter	Nil
Loan Conversion, Cancellation and Non Encumberance Certificate	As applicable and on actual basis
Demand Draft/Pay Order issuance charges	Nil
Collateral Swap Charges	Rs. 10,000/-
Charges for updating & handling loan account as per customer request	Rs 1,500/-
CERSAI Fees (per Collateral)	Rs. 50/- for loans upto Rs. 5 lacs. Rs. 100/- for loans above Rs. 5 lacs.
Information Utility submission (per reporting per year)	Rs.50/-
Foreclosure charges	Nil Note: No pre- payment allowed in the first 6 months of loan disbursement
Pre-Payment charges	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. # Loans sanctioned from 1st Aug 2020 $ Applicable for requests, over and above the half yearly statements sent to registered email id. ^ Applicable for additional requests received for statements over and above issued during part prepayment
POS - Principal amount of loan outstanding

Application Fee	Rs. 5,000/-
Loan processing fee	Upto 1.5%
Cheque / ECS bounce changes (per bounce) **	Rs. 2,500/-
Interest on Late Payment of EMI (per month on overdue EMI amount/Interest amount)	2% p.m.
Additional Interest/ Default Charges (including on non-compliance of loan terms) #	2% p.m.
PDC / NACH / Repayment mandate Swap Charges (per swap)	Rs. 1,000/-
Collection pickup charges (per visit)	Rs. 500/-
Repayment Mandate pickup charges (per visit)	Rs. 1,000/-
Outstation collection, Legal Evaluation / repossession, Stamp duty, Administrative and Valuation	As applicable and on actual basis
Statement of Account Charges $	Rs. 1,000/-
Statement of Account Charges (Self Service portal)	Nil
Document Retrieval / Maintenance Charges	Upto Rs. 5,000/-
Copy of Property / Security papers	Rs. 1,000/-
Repayment Schedule (Self Service Portal)	Nil
Additional Repayment Schedule ^	Rs. 500/-
Foreclosure statement charges	Rs. 500/-
Copy of Sanction Letter	Nil
Loan Conversion, Cancellation and Non Encumberance Certificate	As applicable and on actual basis
Demand Draft/Pay Order issuance charges	Rs. 150/- per lac or actual bank charges, whichever is higher.
Collateral Swap Charges	Rs. 10,000/-
Charges for updating & handling loan account as per customer request	Rs 1,500/-
CERSAI Fees (per Collateral)	Rs. 50/- for loans upto Rs. 5 lacs. Rs. 100/- for loans above Rs. 5 lacs.
Information Utility submission (per reporting per year)	Rs.250/-
Foreclosure charges	Foreclosure not allowed in the first 12 months of loan disbursement. 4% of the POS: Foreclosure after 12 months till 24 months. 2% of the POS: Foreclosure after 24 months till 48 months. Nil: Foreclosure after expiry of 48 months
Pre-Payment charges	Pre-payment not allowed in the first 12 months of loan disbursement. Prepayment upto 25% of the POS per year- Nil Pre -payment beyond 25% of the POS after the expiry of 12 months but before the expiry of 24 months: 4% Pre -payment beyond 25% of the POS after the expiry of 24 months but before the expiry of 48 months: 2% Note: Pre-payment allowed only twice a year.
Note: The above charges will attract applicable statutory levies and GST. # Loans sanctioned from 1st Aug 2020 $ Applicable for requests, over and above the half yearly statements sent to registered email id. ^ Applicable for additional requests received for statements over and above issued during part prepayment
POS - Principal amount of loan outstanding

Application Fee	Nil
Loan processing fee	Upto 1%
Cheque / ECS bounce changes (per bounce)	Rs. 2,500/-
Interest on Late Payment of EMI (per month on overdue EMI amount/Interest amount)	2% p.m.
PDC / NACH / Repayment mandate Swap Charges (per swap)	Rs. 1,000/-
Collection pickup charges (per visit)	Nil
Repayment Mandate pickup charges (per visit)	Rs. 1,000/-
Outstation collection, Legal Evaluation / repossession, Stamp duty, Administrative and Valuation	As applicable and on actual basis
Statement of Account Charges $	Rs. 1,000/-
Statement of Account Charges (Self Service portal)	Nil
Document Retrieval / Maintenance Charges	Nil
Copy of Property / Security papers	Rs. 1,000/-
Repayment Schedule (Self Service Portal)	Nil
Additional Repayment Schedule ^	Rs. 500/-
Foreclosure statement charges	Rs. 500/-
Copy of Sanction Letter	Nil
Loan Conversion, Cancellation and Non Encumberance Certificate	As applicable and on actual basis
Demand Draft/Pay Order issuance charges	Rs. 150/- per lac or actual bank charges, whichever is higher.
Collateral Swap Charges	Rs. 10,000/-
Charges for updating & handling loan account as per customer request	Rs 1,500/-
CERSAI Fees (per Collateral)	Rs. 50/- for loans upto Rs. 5 lacs. Rs. 100/- for loans above Rs. 5 lacs.
Information Utility submission (per reporting per year)	Rs.250/-
Foreclosure charges	Upto 4% of the POS
Pre-Payment charges	Upto 4% of the POS
Note: The above charges will attract applicable statutory levies and GST. $ Applicable for requests, over and above the half yearly statements sent to registered email id. ^ Applicable for additional requests received for statements over and above issued during part prepayment
POS - Principal amount of loan outstanding

Application Fee	Rs. 750/-
Loan processing fee	Upto 2.25%
Cheque / ECS bounce changes (per bounce) **	Rs. 2,500/-
Interest on Late Payment of EMI (per month on overdue EMI amount/Interest amount)	2% p.m.
Additional Interest/ Default Charges (including on non-compliance of loan terms) #	2% p.m.
PDC / NACH / Repayment mandate Swap Charges (per swap)	Rs.1,000/-
Collection pickup charges (per visit)	Rs.500/-
Repayment Mandate pickup charges (per visit)	Rs. 1,000/-
Outstation collection, Legal Evaluation / repossession, Stamp duty, Administrative and Valuation	As applicable and on actual basis
Statement of Account Charges $	Rs. 1,000/-
Statement of Account Charges (Self Service portal)	Nil
Document Retrieval / Maintenance Charges	Upto Rs. 5,000/-
Copy of Property / Security papers	Rs. 1,000/-
Repayment Schedule (Self Service Portal)	Nil
Additional Repayment Schedule ^	Rs. 500/-
Foreclosure statement charges	Rs. 500/-
Copy of Sanction Letter	Nil
Loan Conversion, Cancellation and Non Encumberance Certificate	As applicable and on actual basis
Demand Draft/Pay Order issuance charges	Rs. 150/- per lac or actual bank charges, whichever is higher.
Collateral Swap Charges	Rs. 10,000/-
Charges for updating & handling loan account as per customer request	Rs 1,500/-
CERSAI Fees (per Collateral)	Rs. 50/- for loans upto Rs. 5 lacs. Rs. 100/- for loans above Rs. 5 lacs.
Information Utility submission (per reporting per year)	Rs.250/-
Foreclosure charges	Foreclosure not allowed in the first 12 months of loan disbursement. 4% of the POS: Foreclosure after 12 months till 24 months. 2% of the POS: Foreclosure after 24 months till 48 months. Nil: Foreclosure after expiry of 48 months
Pre-Payment charges	Pre-payment not allowed in the first 12 months of loan disbursement. Prepayment upto 25% of the POS per year- Nil Pre -payment beyond 25% of the POS after the expiry of 12 months but before the expiry of 24 months: 4% Pre -payment beyond 25% of the POS after the expiry of 24 months but before the expiry of 48 months: 2% Note: Pre-payment allowed only twice a year.
Note: The above charges will attract applicable statutory levies and GST. # Loans sanctioned from 1st Aug 2020 $ Applicable for requests, over and above the half yearly statements sent to registered email id. $ Applicable for requests, over and above the half yearly statements sent to registered email id. ^ Applicable for additional requests received for statements over and above issued during part prepayment
POS - Principal amount of loan outstanding

Application Fee	Upto Rs. 2,000/-
Loan processin fee	Upto Rs.1000/-
Cheque / ECS bounce change (per bounce)	Rs.500/-
Interest on Late Payment of EMI (per month on overdue EMI amount/Interest amount)	2% p.m.
Additional Interest/ Default Charges (including on non-compliance of loan terms) #	2% p.m.
PDC / NACH Repayment mandate Swap Charges (per swap)	Rs. 500/-
Collection pickup charges (per visit)	Rs. 500/-
Repayment Mandate pickup charges (per visit)	Rs. 1,000/-
Outstation collection, Legal Evaluation repossession Stamp duty Administrative an Valuation	As applicable and on actual basis
Statement of Account Charges $	Rs. 1,000/-
Statement of Account Charges (Self Service portal)	Nil
Document Retrieval / Maintenance Charges	Nil
Copy of Property Security papers	Nil
Repayment Schedule (Self Service Portal)	Nil
Additional Repayment Schedule ^	Rs.500/-
Foreclosure statement charges	Nil
Copy of Sanction Letter	Nil
Loan Conversion, Cancellation and Non Encumberance Certificate	As applicable and on actual basis
Demand Draft/Pay Order issuance charges	Nil
Collateral Swap Charges	Nil
Charges for updating & handling loan account as per customer request	Nil
CERSAI Fees (per Collateral)	Nil
Information Utility submission (per reporting per year)	Rs.50/-
Foreclosure charges	Upto 4% of the POS Nil: For loans to Individual customers on floating rate basis
Pre-Payment charges	2% of the POS for any amount of pre-payment. Nil: For loans to Individual customers on floating rate basis Note: Pre-payment allowed only twice a year
Note: The above charges will attract applicable statutory levies and GST. # Loans sanctioned from 1st Aug 2020 $ Applicable for requests, over and above the half yearly statements sent to registered email id. $ Applicable for requests, over and above the half yearly statements sent to registered email id. ^ Applicable for additional requests received for statements over and above issued during part prepayment
POS - Principal amount of loan outstanding

schedule of charges

schedule of charges – All Products (Effective 1st May, 2021)

schedule of charges – All Products
(Effective 1st May, 2021)