Type
Charges
NACH registration or activation
INR 30/- per registration
Late payment charges or Penal interest
INR 300/- (Rupees three hundred only) for each overdue installment of Loan; and 0.1% (zero points one percent) per day on the overdue installment of Loan.
Dishonour charges
INR 150/- (Rupees one hundred and fifty only) towards each cheque dishonoured. INR 20/- (Rupees twenty only) towards each dishonour of the ECS/ NACH transaction.
Instrument swap charges
INR 500/- (Rupees five hundred only) per swap.
Change in account mapping
INR 500/- (Rupees five hundred only) per request.
Legal charges
On an actual basis.
Please note:
- Charges above are inclusive of GST and government levy (if any).
- Schedule of charges are subject to change as per the Lender’s discretion from time to time. The Lender reserves the right to introduce any new charges or fees, as it may deem appropriate. Please visit www.lendingkart.com to view the updated charges.