Loan Charges

Schedule of Charges:
Nature of Charges	HL	LAP	MSE LAP
Processing fees details	Min: 0.25% of the loan amount or Rs. 5,000/- whichever is higher plus applicable taxes.	Min: 0.25% of the loan amount or Rs. 5,000/- whichever is higher plus applicable taxes.	Min: 0.25% of the loan amount or Rs. 5,000/- whichever is higher plus applicable taxes.
Processing fees details	Max: 2.5% of the loan amount plus applicable taxes.	Max: 2.5% of the loan amount plus applicable taxes.	Max: 2.5% of the loan amount plus applicable taxes.
Due Diligence Charges may be collected from the applicants for processing the loan application. The same may be over and above the processing fees to meet the cost incurred for file.	Min Amount: 3000	Min Amount: 3000	Min Amount: 3000
	Max Amount: 8000	Max Amount: 10000	Max Amount: 8000
Prepayment Charges (Floating rate loans to individuals for other than business use)	NIL	NIL	NIL
Full Prepayment Charges (For fixed rate loans, floating rate loan to non-Individual Borrowers and individual borrowers for business purpose)	upto 6% of loan outstanding (loan outstanding as on date of closure + prepayments made in last 12 months from the date of closure) plus applicable taxes	upto 6% of loan outstanding (loan outstanding as on date of closure + prepayments made in last 12 months from the date of closure) plus applicable taxes	upto 6% of loan outstanding (loan outstanding as on date of closure + prepayments made in last 12 months from the date of closure) plus applicable taxes
Part Prepayment Charges (for fixed rate loans and floating rate loans to nonindividual borrowers and Individual Borrowers)	upto 6% of the amount prepaid plus applicable taxes	upto 6% of the amount prepaid plus applicable taxes	upto 6% of the amount prepaid plus applicable taxes
Cheque Bounces Charges / EMI return charges	Rs. 750	Rs. 750	Rs. 750
Penal Charges /Late Payment Charges*	upto 3% per month	upto 3% per month	upto 3% per month
Repayment Instrument /Cheque Swap Charges	Rs. 500 plus applicable taxes	Rs. 500 plus applicable taxes	Rs. 500 plus applicable taxes
Loan Statement Charges	Nil for 1 statement every half year. Upto Rs. 500 plus applicable taxes thereafter	Nil for 1 statement every half year. Upto Rs. 500 plus applicable taxes thereafter	Nil for 1 statement every half year. Upto Rs. 500 plus applicable taxes thereafter
NOC Issuance Charges	Nil for first NOC, Rs. 500 plus applicable taxes thereafter	Nil for first NOC, Rs. 500 plus applicable taxes thereafter	Nil for first NOC, Rs. 500 plus applicable taxes thereafter
Document retrieval charges (per advice)	Rs. 500 plus applicable taxes	Rs. 500 plus applicable taxes	Rs. 500 plus applicable taxes
Loan cancellation charges	upto Rs. 2000 plus applicable taxes plus interest to be serviced from the date of disbursement to the date of cancellation	upto Rs. 2000 plus applicable taxes plus interest to be serviced from the date of disbursement to the date of cancellation	upto Rs. 2000 plus applicable taxes plus interest to be serviced from the date of disbursement to the date of cancellation
Switch charges (for change in the ROI / Rate Type / Margin)	1% of the outstanding loan amount plus taxes	1% of the outstanding loan amount plus taxes	1% of the outstanding loan amount plus taxes
CERSAI Registration Charges	Rs.100 for a loan above Rs.5 lakh and Rs.50 for loan upto Rs.5 lakh plus applicable taxes	Rs.100 for a loan above Rs.5 lakh and Rs.50 for loan upto Rs.5 lakh plus applicable taxes	Rs.100 for a loan above Rs.5 lakh and Rs.50 for loan upto Rs.5 lakh plus applicable taxes
Loan Reschedulement charges	upto 0.50% of the loan outstanding plus applicable taxes	upto 0.50% of the loan outstanding plus applicable taxes	upto 0.50% of the loan outstanding plus applicable taxes
Any other charges	As per actuals or as decided by the management from time to time	As per actuals or as decided by the management from time to time	As per actuals or as decided by the management from time to time

Note: Above charges shall apply, unless specifically communicated by the Company otherwise at the time of sanction. Charges are subject to change and shall be updated on Company's website.
As per the terms of Loan Agreement, Fedfina shall be entitled to levy penal charges* to the Borrower in the event of failure of any of the following Material Terms and Conditions mentioned herein below:
i. non-payment of Outstanding Amounts (or part thereof) on the respective due dates or as and when demanded by Fedfina;
ii. If the Borrower fails to deliver repayment instrument for the entire term of the loan;
iii. any damages caused to the collateral offered as security for the Loan, which includes any construction / demolition made in the security without the prior permission of Fedfina, sub-letting the collateral, etc.;
iv. any Property offered as security for Loan, depreciates in value to such an extent that in the opinion of Fedfina, additional security should be given and such security is not given on written demand;
v. any property offered as security either in full or any part thereof is sold, disposed-off, charged, encumbered or alienated in any manner whatsoever without written approval of Fedfina;
vi. If an attachment or distrait is levied on the Property or any part thereof and/or proceedings are taken or commenced for recovery of any dues from the borrower against the Property

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