Starts from 14% per annum
Loans for SENP starts from 17.75% per annum and loans for SEP starts from 15% per annum
Up to 3.54% of the loan amount (inclusive of applicable taxes)
Up to 2% of Loan Amount + GST as applicable
Prepayment charges- Full Pre-payment: Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment Part-prepayment- Up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part-prepayment No extra part-prepayment charges with Flexi Term Loan (Flexi Dropline) and Flexi Hybid Loan
Prepayment Charges: Up to 24 Months: 4% of principal outstanding at the time of prepayment + GST 25-36 Months: 3% of principal outstanding at the time of prepayment + GST More than 36 Months: 2% of principal outstanding at the time of prepayment + GST Do note that in case of Micro and Small Enterprises (MSE) customers, no prepayment charges are applicable if; Loan amount is up to Rs. 50 Lakhs under Fixed rate loans Part Prepayment Charges: 2% charge + GST will be levied on amount prepaid. Do note that in case of Micro and Small Enterprises (MSE) customers, no prepayment charges are applicable if; Loan amount is up to Rs. 50 Lakhs under Fixed rate loans
