PARTICULARS	CHARGES *
Effective Rate Of Interest	9.5% p.a. (on utilized amount)
Penal Charges	15.00% P.A. + taxes on the overdue amount for the default period**
Processing Fee (Loan Booking)	₹999
Stamp Duty (Loan Booking)	₹500
Prepayment/ Foreclosure Charges	₹0
Annual Renewal Charges	₹999
Bank Mandate Swap Charges	₹500
Top Up/Security Withdrawal Charges	₹500
Bounce Charges	₹500
Security Invocation Charges (in case of default)	₹2,000
Collection Charges (in case of default)	₹5,000
Legal Charges (in case of default)	₹5,000

* Taxes as applicable.

** Applicable for new loans. The applicable penal charges on existing loans, shall be updated on our mobile application, website and also communicated over Email & SMS to all such borrowers, not later than 30th June 2024.