Application Fee
-
Lease Management Fee
Rs. 5000/- or upto 3.00 % of lease value whichever is higher
Cheque / ECS Dishonour/ Bounce Charges
Rs. 500/-
Nil on Representation of ECS / PDC
Nil on Representation of ECS / PDC
Cheque / ECS Swapping charges
Rs. 1000/-
Late Payment Charges
18.00% per annum of Outstanding EMI post due date
Reschedulement Charges (Change in EMI / Tenure / Cycle date)
Rs. 5000/- or 1.50 % of lease amount whichever is higher
Legal Opinion Charges, SRO Search Charges, ROC Search Charges, Non-Encumbrance Certificate from SRO charges
NIL, included in the Processing fee
Valuation charges
Rs. 1000/-
Documents Retrieval Charges
Emailing of Scan Copies: NIL
Physical copies with attestation: Rs 500/-
Physical copies with attestation: Rs 500/-
Charges for Statement Of Account /Amortization Schedule
Rs. 500/-
Duplicate NOC
Rs. 1000/-
Duplicate copy of Agreement / Statement / Repayment Schedule
Rs. 500/-
Original property documents retrieval for specific activity like production at SRO or Development Authority (on borrower request)
NA
Registration Charges for Borrowers’ECS Mandate (loan repayment)
NIL
Interest Certificate
NIL
Compliant handling Charges
NIL
Charges for Certified True Copies of Title Deeds from SRO, if applicable.
NA
Stamping Charges for Agreement
As per Actual, subject to state laws-to be procured by borrower directly
Stamping charges of other legal documents like Indemnity Bond, Legal Undertakings,Legal Affidavits, Personal Guarantee Bond etc.
As per Actual, subject to state laws-to be procured by borrower directly
Part Payment Charges applicable to Individuals (Floating Interest Rate)
NA
Part Payment Charges (applicable to Non-Individuals)
NA
Premature Termination Amount
5%
Repossession/ Parking Charges/ Legal Recovery
As per actual
Loan Cancellation
Rs. 3000/-
Collection visit charges
NA
*All applicable fees & charges are subject to levy of GST, if payable, is to be paid in addition to the fees/charges.
Mortgage Reference Rate (MRR)
17.25% (applicable wef 1st\February\2024)
Application Fees / Initial Money Deposit (non-refundable)
Rs. 5000/-
Processing Fees
Upto 2.00% of loan sanctioned amount inclusive of application fee
Prepayment Charges and conditions (Part / Full Prepayment)
For Non-Individuals Borrowers/Co-borrowers (any Interest Type)
In case the loan is sanctioned for purpose other than business – NIL
In case the loan is sanctioned for Business Purpose
- 5.00 % on principal outstanding : If loan prepaid within 1st year from the date of 1st Disbursement.
- 3% on principal outstanding : If loan prepaid after 1st year from the date of 1st Disbursement.
In case the loan is sanctioned for purpose other than business – NIL
In case the loan is sanctioned for Business Purpose
- 5.00 % on principal outstanding : If loan prepaid within 1st year from the date of 1st Disbursement
- 3% on principal outstanding : If loan prepaid after 1st year from the date of 1st Disbursement
Cheque / ECS Dishonour/ Bounce Charges
Rs. 500/-
Cheque / ECS Swapping charges
Rs. 500/-
Penal Charges
24.00% per annum of Outstanding EMI post due date
Charges for Statement of Account / Repayment Schedule
Rs. 500/-
Interest Certificate
NIL
Rate Revision Charges / Switch Fees
0.5% of POS
Reschedulement Charges
(CHANGE IN EMI / TENURE / CYCLE DATE)
(CHANGE IN EMI / TENURE / CYCLE DATE)
Rs. 5000/- or 1.50 % of loan amount whichever is higher
Documents Retrieval Charges
Rs 500/-
Duplicate copy of Agreement / NOCs
Rs. 500/-
Original property documents retrieval for specific activity like production at SRO or Development Authority (on borrower request)
Rs. 5000/-
Additional valuation charges / Legal Opinion Charges
Rs. 1500/- or actuals whichever is higher
Registration Charges for Borrowers’ECS Mandate (loan repayment)
NIL
Stamping Charges for Agreement, MODT \ Registered Mortgage
As per Actual, subject to state laws-where fixed charges irrespective of loan amount: provided by ORIX India-where ad-valorem charges as a function of loan amount: to be procured by borrower directly.
Stamping charges of other legal documents like Indemnity Bond, Legal Undertakings,Legal Affidavits, Personal Guarantee Bond etc.
As per Actual, subject to state laws-to be procured by borrower directly
Legal Recovery Charges
As per actual
Collection visit charges
Rs. 1000/-
*All applicable fees & charges are subject to levy of GST, if payable, is to be paid in addition to the fees/charges.
Application Fees
-
Processing Fees / Lease Management Fees
Rs. 4500/- or upto 3.00 % of loan amount whichever is higher
Cheque / ECS Dishonour / Bounce Charges
Rs. 1000
Cheque/ECS Swapping charges
Rs. 500/-
Penal Charges
3.00% per month of Outstanding EMI post due date
Interest on Advance
NA
Rate Revision Charges / Switch Fees
NA
Reschedulement Charges (Change in EMI / Tenure / Cycle Date)
Rs. 5000/- or 1.50 % of loan amount whichever is higher
Legal Opinion Charges, SRO Search Charges, ROC Search Charges , Non-Encumbrance Certificate from SRO charges
NIL, included in the Processing fee
Valuation charges
Rs. 1000/-
Documents Retrieval Charges
Rs. 1000/-
Charges for Statement of Account / List of Documents Amortization Schedule
Rs. 500/-
Duplicate NOC
Rs. 1000/-
Duplicate copy of Agreement / Statement / Repayment Schedule
Rs. 1000/-
Original property documents retrieval for specific activity like production at SRO or Development Authority (on borrower request)
NA
Registration Charges for Borrowers’ECS Mandate (loan repayment)
NIL
Interest Certificate
NIL
Compliant handling Charges
NIL
Charges for Certified True Copies of Title Deeds from SRO, if applicable
NA
Stamping Charges for Agreement
As per Actual, subject to state laws-where fixed charges irrespective of loan amount: provided by ORIX India-where ad-valorem charges as a function of lease amount: to be procured by borrower directly
Stamping charges of other legal documents like Indemnity Bond, Legal Undertakings,Legal Affidavits, Personal Guarantee Bond etc.
As per Actual, subject to state laws-to be procured by borrower directly
Part Payment Charges applicable to Individuals (Floating Interest Rate)
NA
Part Payment Charges (applicable to Non-Individuals)
NA
Premature Termination Amount
5.00%
Repossession/ Parking Charges/ Legal Recovery
As per actual
Loan Cancellation
Rs. 3000/-
Collection visit charges
Rs. 500/-
*All applicable fees & charges are subject to levy of GST, if payable, is to be paid in addition to the fees/charges.