Are you looking to expand your business? Do you need capital expenditure or a short-term running limit to meet your working capital needs for your business? You can raise funds through a long-term loan against the value of your property up to ₹1 Cr through Asia's safest Bank, DBS Bank. Unlock the value of your assets –Residential or commercial property and raise funds. We can help you monetise your assets without liquidating them.
Additionally, you can also avail of our OverDraft facility to fulfil your 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 ₹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)
Q4 ( Oct'23 to Dec'23) (in %) |
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Product |
Min Rate |
Max Rate |
Mean ROI * |
CLAP |
10.00 |
21.00 |
13.21 |
*we charged average fees of 1.66% in Q4 (Oct'23 to Dec'23)
*Mean Rate of Interest is calculated as weighted average of Rate of Interest
Charges |
C-LAP/ Overdraft |
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Cheque Bounce charges |
₹500 + Tax |
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Repayment schedule charges |
₹200 + tax |
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Cheque / SI / ECS/NACH swapping charges |
₹500 + tax |
||
Account maintenance charges |
Overdraft - ₹5,000 per annum + Tax |
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Property Document Retrieval |
₹500 + tax |
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CERSAI |
₹100 + tax |
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Repricing Fee | Up to ₹50 Lacs Loan/ Limit Outstanding - ₹5,000 or 0.5% whichever is lower + tax Greater than ₹50 Lacs Loan/ Limit Outstanding - ₹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 |
₹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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