Interest Rate and Penal Charges Policy

SCHEDULE OF FEES AND CHARGES

 

 

S.NO

ITEMS

FEES/CHARGES

REMARKS

 

PROCESSING FEES

Rs 10% of loan amount + GST

Processing Fees shall be deducted from the Loan amount from at the time of disbursement.

 

Digital Platform Fee

NA

 

 

Convenience Fees

NA

 

 

OTHER CHARGES AND PENAL INTEREST

     

EMI Bounce Charges (SI/ACH/ECS)

Rs.  560 + GST

For each presentation dishonored

     

Early Payment Charges

Rs. … + GST

Per request in addition to Bank issued letter

     

Late Payment penal charges

..% of EMI outstanding/per day installment amount or part thereof

Any fraction shall be round into ten rupees

      

Overdue Charges

 

 

 

 

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B4Salary is owned by M/s Kisga Leasing and Finance Pvt Ltd., a Reserve Bank of India (RBI)–registered Non-Banking Financial Company (NBFC).

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