Applicable Service Tax & Cess, etc. will be in addition to the charges given below.

Particulars

Charges

Loan Processing Charges

0.50% of sanctioned limit

Prepayment Charges

2% of Pre-paid Amount, subject to minimum of Rs. 10,000/-

No Dues Certificates

Rs. 1,000/-

Solvency Certificate

Rs. 1,000/-

Non Fund Based Products

Import Letters Of Credit

Commitment Charges

0.15% for every quarter or part thereof

Usance Charges

"0.15% for bills upto 10 days sight

0.30% for bills over 10days and upto 3 months sight

0.30% for the first 3 months, plus 0.075% for every month in excess of three months, for bills over 3 months sight"

Domestic Letters of Credit

Commitment Charges

0.20% for every quarter or part thereof

Usance Charges

0.30% for the first quarter or part thereof, plus 0.20% for every month in excess of three months

Bank Guarantees

Performance / Financial

2% / 3% p.a. for the guarantee period plus claim period + Rs. 250/-. Commission will be charged for a minimum period of 3 months, subject to a minimum commission of Rs. 500/-

Default Penalty Charges

TOL in Working Capital A/c

Applicable Interest Rate + 2% p.a. of the Irregular / Overdue Amount

Delay in Payment of Interest or Repayment of Principal

Applicable Interest Rate + 2% p.a. of the Irregular / Overdue Amount

Delay in Renewal of Limits due to Non-submission of Required Information

2% of Sanctioned Amount