Two Wheeler Loan Rates & Fees

Description of charges New Car Loans Documentation Charges* Rs.700/- Charges NOT to be refunded in case of case cancellation. Foreclosure charges* No foreclosure allowed within 6 months from date of availing the car loan 6% of Principal Outstanding for preclosures within 1 year from 7th EMI 5% of Principal Outstanding for preclosures within 13-24 months from 1st EMI 3% of Principal Outstanding for preclosures post 24 months from 1st EMI Part-Payment charges* Part-payment is allowed subject to completion of 12 months (i.e., Post payment of 12 EMIs) Part payment will be allowed twice only during loan tenure. Part payment is allowed only once a year. At any point of time, part payment will not increase beyond 25% of Principal Outstanding. 5% on the part payment amount in case part prepayment is within 13-24 months from 1st EMI 3% on the part payment amount in case part prepayment is post 24 months from 1st EMI Stamp Duty (Non -refundable) At actuals Overdue EMI Interest 2% per month Processing fees^*(Non - refundable) 1% of Loan Amount subject to minimum of Rs.5000 and maximum of Rs.10000

In addition Processing Fee on loans for:
• Manufacturer backed Accessory Funding, Maintenance Package Funding, Manufacturer backed CNG Kits Funding, Asset Protection measure Funding – Rs.3000. Cheque/ ECSswapping charges Rs 500/- Instance Loan cancellation In the event of cancellation, interest charges from date of disbursement till the date of cancellation of loan will be borne by the customer. Processing Fee, Stamp duty and Documentation Charges are non-refundable charges and would not be waived/refunded in case of loan cancellation. Legal, Repossession & Incidental charges At actuals Duplicate no due certificate / NOC Rs 500/- Instance Loan Reschedulement charges/ rebooking charges Rs. 1000/- will be charged. If changes are required on RC, refundable Security Deposit – non-interest bearing of Rs. 5000 would be required. It will be the borrower's responsibility to provide the transferred Registration Certificate to the bank. LPG/ CNG NOC/ Other Special NOC Rs 500/- Instance CIBIL Charges (only on request) Rs. 50/- Cheque/ SI / ECSReturn Charges* Rs. 550/- per instance Amortisation Schedule Charges Customer can download the schedule from E-Delight free of cost. Rs. 200/- per schedule would be charged at customer service desk. Commercial / Personal Use NOC (conversion subject to credit approval) Rs. 2250/- per NOC Collateral Charges* Rs.600/- To be refunded in case of case cancellation. Rack interest rate 8.80% to 10% depending on the segment of vehicle

Bank IRR
Product	Min IRR	Max IRR	Avg IRR
AUTO LOAN	7.70%	13.55%	8.52%

APR
Product	Min APR	Max APR	Avg APR
AUTO LOAN	7.71%	16.50%	8.63%