Loan Fees and Charges

ParticularsService Charges
Loan application Form
Loan amount up to ₹5 Lakhs₹100 + GST
Loan amount above ₹5 Lakhs₹300 + GST
Loan processing charges (Excluding Gold Loan, Loan against FD, Loan Against NSC, Loan against Insurance and all type of Staff Loan)1% of Loan Amount + GST
Nominal Membership Charges₹100 + GST
Visit Charges to the Borrower (within city)₹500 + GST
Visit Charges to the Borrower (Outside the city)₹500 + GST or Actual + GST (whichever is higher)
No objection certificate after closer of Loan₹300 + GST
To take possession of movable property including Vehicle₹5000 + GST or Actual cost + GST (whichever is higher)
Auction of Gold/Vehicle Notice ChargesActual Cost + GST
Loan Recovery
1st Notice₹300 + GST
2nd Notice₹300 + GST
3rd Notice/Last Notice₹500 + GST
Gold Loan Insurance at the time of loan processingNil
U/s 101 Advocate Notice₹500 + GST
U/s 101 Case Filing Charges₹500 + GST
Non-Filing of Stock Statement/Detailed Net working capital statements before 10th day of each month by the Borrower150% of Loan Amount + GST
Duplicate Share Certificate with indemnity bond₹100 + GST
Stamp Duty & Registration Charges in all cases of loans/Indemnity Bond/Declaration Undertaking/General power of Attorney/Continuing Security/Letter of lien and set off/Mortgage Deed/Equitable Mortgage Deed/Affidavit (As per circular - Government of Maharashtra)