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Fees & Charges

Educational Funding / Medical Equipment / Hospital Funding / Secure Lending

Description of Charges Charges
Cheque Bounce Charges Rs 1000
Cheque Swapping Charges Rs 500
Overdue Interest 26% p.a.
EMI Cycle Date Change Rs 2000
Reschedulement Charges 2% of Principal
Outstanding
Duplicate NOC Rs.500
LPG Kit NOC charges NA
Cash Handling Charges 1% + applicable taxes for cash receipts for Rs.1 lakh and above (Max cash limit Rs 1,99,999.)
Outstation Cheque Charges NA
Cheque revalidation charges Rs.300
Prepayment Charges i) 5% + S.T within
12 months of disbursement,
ii) 2% + S.T thereafter
Loan cancellation charges Rs.2000
Loan reschedulement charges EMI Cycle Date Change Rs.2000
SPDC retrieval Charges for swap, matured, preclosure and customer induced cancellations i) Rs.300/- at the time of Preclosure/Swap/Matured/Customer Induced cancellations.
ii) Rs.450/- upto sixty days from the day of Preclosure/Swap/Matured/Customer Induced cancellations.
Changing Fixed Rate to Floating & Vice versa NA
Non Refundable Fee NA
Conversion charges NA
Copies of Loan Documents/ Agreement/Retrieval of Share Certificate NA
Charges on Part Disbursement NA
Charges on Part Disbursement NA
Prepayment statement charges Rs 200

SME Power and other loans with Security Deposit

Description of Charges Charges
Cheque Bounce Charges Rs 1000
Cheque Swapping Charges Rs 500
Overdue Interest 26% p.a.
EMI Cycle Date Change Rs 2000
Reschedulement Charges 2% of Principal Outstanding
Duplicate NOC Rs.500
LPG Kit NOC charges NA
Cash Handling Charges 1% + applicable taxes for cash receipts for Rs.1 lakh and above (Max cash limit Rs 1,99,999.)
Outstation Cheque Charges NA
Cheque revalidation charges Rs.300
Prepayment Charges Cases disbursed since.
0 to 12 months: 5% of the POS.
13 to 24 months: 4% of the POS.
25 and beyond: 2% of the POS.

*The Preclosure charges is exclusive of Service Tax.
Loan cancellation charges Rs.2000
Loan reschedulement charges EMI Cycle Date Change Rs.2000
SPDC retrieval Charges for swap, matured, preclosure and customer induced cancellations i) Rs.300/- at the time of Preclosure/Swap/Matured/Customer Induced cancellations.
ii) Rs.450/- upto sixty days from the day of Preclosure/Swap/Matured/Customer Induced cancellations.
Changing Fixed Rate to Floating & Vice versa NA
Non Refundable Fee NA
Conversion charges NA
Copies of Loan Documents/ Agreement/Retrieval of Share Certificate NA
Charges on Part Disbursement NA
Prepayment statement charges Rs 200

GST, as notified by the Government of India, is applicable on all fees, interest and other charges and is subject to change as per relevant regulations of the Government of India.

Terms and conditions apply.

All loans are disbursed at the sole discretion of Reliance Commercial Finance Limited. All information herein is subject to change without notice. Under no circumstances cash, bearer or blank cheque or kind should be given to any executive in connection with the loan application. Kindly note that all post dated cheques and transaction charge cheques should be crossed and issued in favour of “Reliance Commercial Finance Limited”.

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