What are all the charges associated with the loan?

1Answer

Please find below list of all cost associated with a loan against mutual funds: 

Interest and principal statement chargesNIL
Foreclosure chargesNIL
Pre-payment chargesNIL
Bounce ChargesRs.1200 per bounce (Inclusive of applicable taxes)
Penal interest2% per month
DOCUMENT/STATEMENT CHARGESStatement of Account/ Repayment Schedule/Foreclosure Letter/No Dues Certificate/Interest Certificate/List of documentsDownload your e-statements/letters/certificates at no extra cost by logging into Customer Portal – Experia. You can get a physical copy of your statements/letters/certificates/List of Documents from any of our branches at a charge of Rs. 50/- (Inclusive of taxes) per statement/letter/certificate.
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