Penal Charges
The Penal Charges applicable for your Loan against Property A/c are detailed below. These charges will be applicable only if repayment is not made on the EMI Due Date.
Penal Charges:
Bounce Charges (One time Penalty) Rs 750 per EMI (No GST)
Per Day penalty 0.2% of Overdue principal + GST
Max Cap (Loan Level) 50% of Max of Overdue principal on the loan