Description
of charges |
Charges |
Loan Processing Charges |
Up to 2% of loan amount or Rs. 1000/-
whichever is higher
|
Cheque bounce charges |
Rs. 500 |
Foreclosure charges
|
4% on the principal outstanding
|
Stamp Duty
|
At actuals
|
Late payment charges
|
36% p.a.
|
Cheque swap charges / Duplicate NOC
|
Rs. 500/-
|
Valuation charges
|
At actuals - For used vehicles
|
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.
|