Bounce & Penal Charges
Bounce Charges Penal Charges (Overdue
Sr No Product Name
(w.e.f 1st Apr 2025) Charges)
7.5% of Outstanding EMI between the
2% per month of the unpaid EMI or
1 Personal Loan range of minimum Rs. 400 & Maximum
₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
2 Home Loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
Loan Against ₹300 whichever is higher + GST
3 range of minimum Rs. 400 & Maximum
Property
Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
4 Car Loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
Commercial 2% per month of the unpaid EMI or
7.5% of Outstanding EMI between the
Vehicle & ₹300 whichever is higher + GST
5 range of minimum Rs. 400 & Maximum
Commercial
Rs. 1000 (excluding GST)
Equipment
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
6 Education Loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
7 Business Loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
8 Tractor loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
Rural Micro 7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
9 Enterprise range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Loan Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
Micro Business ₹300 whichever is higher + GST
10 range of minimum Rs. 400 & Maximum
Loans
Rs. 1000 (excluding GST)
10% of Outstanding EMI between the 2% per month of the unpaid EMI or
11 Gold Loan range of minimum Rs. 200 & Maximum ₹300 whichever is higher + GST
Rs. 750 (excluding GST)
10% of Outstanding EMI between the 2% per month of the unpaid EMI or
12 Two-Wheeler Loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
Consumer Durable 15% of EMI bounced with maximum 2% per month of the unpaid EMI or
13 ₹300 whichever is higher + GST
Loan charge of Rs. 750 (excluding GST)
Bounce Charges Penal Charges (Overdue
Sr No Product Name
(w.e.f 1st Apr 2025) Charges)
7.5% of Outstanding EMI between the
2% per month of the unpaid EMI or
1 Personal Loan range of minimum Rs. 400 & Maximum
₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
2 Home Loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
Loan Against ₹300 whichever is higher + GST
3 range of minimum Rs. 400 & Maximum
Property
Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
4 Car Loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
Commercial 2% per month of the unpaid EMI or
7.5% of Outstanding EMI between the
Vehicle & ₹300 whichever is higher + GST
5 range of minimum Rs. 400 & Maximum
Commercial
Rs. 1000 (excluding GST)
Equipment
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
6 Education Loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
7 Business Loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
8 Tractor loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
Rural Micro 7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
9 Enterprise range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Loan Rs. 1000 (excluding GST)
7.5% of Outstanding EMI between the 2% per month of the unpaid EMI or
Micro Business ₹300 whichever is higher + GST
10 range of minimum Rs. 400 & Maximum
Loans
Rs. 1000 (excluding GST)
10% of Outstanding EMI between the 2% per month of the unpaid EMI or
11 Gold Loan range of minimum Rs. 200 & Maximum ₹300 whichever is higher + GST
Rs. 750 (excluding GST)
10% of Outstanding EMI between the 2% per month of the unpaid EMI or
12 Two-Wheeler Loan range of minimum Rs. 400 & Maximum ₹300 whichever is higher + GST
Rs. 1000 (excluding GST)
Consumer Durable 15% of EMI bounced with maximum 2% per month of the unpaid EMI or
13 ₹300 whichever is higher + GST
Loan charge of Rs. 750 (excluding GST)
