Schedule of Charges

The fees/ charges menƟoned below are subject to change from time to time, at the sole discretion of Saarathi Finance and Credit Private Limited. Any revision in the fees/ charges menƟoned below will be communicated to the Borrower through the communication modes mentioned under the loan agreement and shall be updated on the Company's website.

Sl. No. Charges Parameters Charges
1 Login Fee ₹999 plus GST
2 Processing Fee Up to 3% of sanctioned loan amount plus GST
3 Stamp Duty/ Stamp Expenses Actual to be borne by the Customer plus GST, if applicable
4 Property Verification Charges ₹3,500 plus GST
5 Property Paper Retrieval for Verification/Inspection/ Lease Deed from the Development Authority/Nagar Palika etc ₹1,500 plus GST
6 Progress Report / Subsequent Valuation Report ₹750 plus GST
7 ROC filing charges At actuals plus GST
8 CERSAI Charges ₹100 plus GST
9 RCU Charges ₹100 plus GST
10 Penal Charge ₹0.6575 per ₹1,000 or part thereof will be charged daily on overdue instalment (i.e. annually 24% on delay payment)
11 Collection pick-up charges/ Recovery Visit Charges ₹600 per visit plus GST
12 Cheque/NACH/E-Mandate Return charges ₹500 per return plus GST
13 Tele Collection Charges ₹100 plus GST
14 Default Collection Charges (in case repayment mode not available with Bank) ₹250 plus GST
15 Cash Collection Charges (Foreclosure/Prepayment) (If cash collection is more than ₹20,000) ₹5 per thousand for the amount of cash collected plus GST, if applicable
16 Charges for revaluation of assets At actuals plus GST
17 Legal Notices & Courier Charges ₹1,100 plus GST
18 Legal/ SARFAESI/ Incidental Charges At actuals plus GST
19 Swap Charges (Replacement of PDC/ NACH/ Change of Bank) ₹1,000 plus GST per change
20 Conversion fees from Fixed to Floating or Floating to Fixed ROI, or reduction of rate, or change in structure 1% of principal outstanding plus GST
21 Change in Instalment date ₹500 plus GST per change and difference period interest (if any)
22 Property Swapping Charges ₹5,000 plus GST per property
23 Issuance of Statement of Account/ Foreclosure Statement Charge ₹500 plus GST per request
24 Duplicate Copy of Property/ Loan Documents ₹1,000 plus GST
25 Provisional/ Final Interest Certificate ₹500 plus GST
26 Lender NOC/ Solvency Certificate Minimum: ₹10,000 plus GST & Maximum: At actuals
27 Duplicate issue of No Dues Certificate ₹500 plus GST
28 Loan cancellation (per case) ₹5,000 plus GST and interest from the date of disbursement till cancellation of loan period

Prepayment/ Foreclosure Charges (for ParƟal Prepayments/ Full closure)

Condition Charges
If paid up to 12 months from last disbursement date 5% of the amount paid
If paid afer 12 months from last disbursement date 4% of the amount paid
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