Are you looking for expanding your business, capital expenditure or short term running limit to meet your working capital needs for your business? Raise funds through a long term loan against the value of your property upto 1 Cr through Asia's safest Bank, DBS. Unlock value of your assets -Residential or commercial property and raise funds. We can help you monetize your assets without liquidating them.
Additionally, you can also avail OverDraft to meet working capital needs for your business.
Firms: Micro, small and medium enterprises in trade, manufacturing and services in both individual and non-individual capacity with annual turnover less than INR 2.5Cr
* The interest rates will vary based on various parameters such as the Bureau Score, Segments, etc.
Current Repo rate is 6.5%
Display of information related to rates of C-LAP and Annual Percentage Rate (APR)
Q2 ( Apr'23 to June'23) (in %) |
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Product |
Min Rate |
Max Rate |
Mean ROI * |
CLAP |
10.00 |
16.00 |
13.20 |
*We charge average fees in Qtr 2 (Apr'23 to June'23) -1.59%
* Mean Rate of Interest is calculated as weighted average of Rate of Interest
Charges |
C-LAP/ Overdraft |
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Cheque Bounce charges |
INR 500 + Tax |
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Repayment schedule charges |
INR 200 + tax |
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Cheque / SI / ECS/NACH swapping charges |
INR 500 + tax |
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Account maintenance charges |
Overdraft - INR 5,000 per annum + Tax |
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Property Document Retrieval |
INR 500 + tax |
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CERSAI |
INR 100 + tax |
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Repricing Fee | Up to INR 50 Lacs Loan/ Limit Outstanding - INR 5,000 or 0.5% whichever is lower + tax Greater than INR 50 Lacs Loan/ Limit Outstanding - INR 10,000 or 0.25% whichever is lower + tax |
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Foreclosure/Part-payment charges for MSME (not applicable on floating rate loans to individual borrowers with end use being personal use) | LAP: Up to 24 Months: 5% of Loan outstanding >24 – 60 Months: 3% of Loan outstanding >60 months: 2% of loan outstanding Part payment of up to 25% of loan outstanding allowed in a calendar year without charges OD: Up to 2% of Limit Outstanding |
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Loan Cancellation Charges (Loan cancellation allowed within 30 days from first date of disbursal) The same shall be over and above the applicable interest amount |
INR 5,000+ Tax | ||
Penal Interest Levied in case of non-payment of the monthly payment. It is charged on the overdue installment for the defaulted period. | Default Interest: 24% per annum |
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