FEES & CHARGES
| Description of Charges | Facility Type | Loan amount | Charges/ Fee Amount | Frequency of charging |
|---|---|---|---|---|
| Supervision Charges | KGC CC (Other than allied and other cases) | <= 10 lakh | Rs 750 | Half Yearly |
| >Rs 10 lakh- Rs 25 lakh | Rs 1250 | |||
| >Rs 25 lakh- Rs 50 lakh | Rs 1500 | |||
| > Rs 50 lakh | Rs 3000 | |||
| Allied Activities & Other | <= 25 Lakh | Rs 2000 | Quarterly | |
| > Rs 25 lakh to Rs 50 lakh | Rs 2500 | |||
| > Rs 50 lakh | Rs 3000 | |||
| Processing Fee | Regular KGC | All | 2.00% | Loan Processing & at the time of enhancement |
| KGC Saral | All | Rs 2500 | ||
| Foreclosure Charges* | KGC TL | All | 4% of outstanding amount | At the time of loan closure |
| pre closure of KGC TL within 6 months is not allowed | ||||
| KGC CC (> 1 year) | All | Nil | NA | |
| KGC CC (< 1 year) | All | 4% | At the time of loan closure | |
| Late Payment Penalty | KGC TL | All | 2% p.m. on overdue amount | At the time of loan regularisation |
| KGC CC | All | 1.33% p.m. on overdue amount | At the time of loan regularisation | |
| Stamp Duty & other statutory charges | All | All | At actuals as per applicable laws of the State | Loan Processing |
| Legal, valuation and vetting charges | All | All | At actuals | At the time of loan Processing |
| Cheque Bounce Charges* | All | All | Rs 550/- | At the instant |
| Cheque Swapping Charges | All | All | Rs 500/- | Per transaction |
| CIBIL Report Copy Charges | All | All | Rs 50/- | Per request |
| Repayment Schedule Charges | All | All | Rs. 200/- | Per request |
*Charges which are in nature of fees are EXCLUSIVE of service tax.
Service tax and other government levies, as applicable, would be charged additionally.
Average Rates offered to customer during the period of Oct'18 to Dec'18
| Bank IRR | ||
|---|---|---|
| Min IRR | Max IRR | Avg IRR |
| 9.25% | 16% | 11.34% |
Average Annual Percentage Rate offered to customer during the period of Oct'18 to Dec'18
| APR | ||
|---|---|---|
| Min APR | Max APR | Avg APR |
| 9.25% | 16.05% | 11.34% |
The above information is exclusive of accounts under government schemes.