Pre-Payment Charges

Pre-Payment Charges

Pre-Payment Charges w.e.f 01.01.2026

Pre-Payment Charges - If the account is adjusted through takeover within 1 year of 1st disbursement

S No.

Particular

Charges

For all loans and advances granted to individuals on floating rates other than business, with or without co-obligants(s).

NIL

For all loans and advances granted for business purposes to individuals and MSEs, with or without co-obligant(s) with floating rate and covered under Priority Sectors Advance.

NIL

For all loans and advances to MSEs for purposes other than Business and not covered under Priority Sectors advance.

Amount of Facility	Working Capital	Term Loan	Non-Fund Limit
Upto Rs.1 Cr	2% of Sanction Limit	2% of Outstanding	1% of Sanction Limit
Above Rs.1 Cr	1% of Sanction Limit	1% of Outstanding	1% of Sanction Limit

Note:

1) No charges/fee shall be levied retrospectively at the time of prepayment of the loans which were waived off earlier.
2) The applicability or otherwise of re-payment charges shall be clearly disclosed in the sanction letter and loan agreement.
3) The above revised pre-payment charges will be applicable from 01.01.2026, till then the existing charges will prevail.