Service Charges
  • Financial statements for last 2 years
  • Income Tax returns for the last 2 assessment years
  • Main / Operative bank account statement of last 6 months
  • Copies of property title and supporting documents
  • Identity, signature, address and Tele-contactability proof
  • Passport size photograph
  • Partnership deed / MOA and AOA
  • Track record in the name of the borrower

Particulars

Charges

Loan Processing Charges

Up to 1.00%

Prepayment Charges - possible after 180 days of availing the loan.

2% on principal outstanding + service tax.

No due Certificate

NIL

Solvency Certificate

NIL

Charges for late payment of EMI

3% p.m. + service tax

Cheque bounce charges (per instrument)

Rs. 500/- + service tax

Cheque swap charges (per set)

Rs. 500/- + service tax


Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges.

DCB Ltd. reserves the right to assess charges on transactions which are not covered by this schedule and to amend rates stated in this schedule, without prior or post notice to the Customer. The said schedule of charges is not exhaustive and the charges presently mentioned are at the rates currently prevalent and can be changed, any time and from time to time, at the sole and absolute discretion of DCB Ltd. and such changes shall be final and binding on all the customers of DCB Ltd.

ROI, MPLR, Base Rate are subjected to change.

*Conditions apply. All loans are subject to the terms and conditions and are at the sole discretion of Development Credit Bank Ltd. Product available in selected centres only.
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