Rates & Charges - Used 2-Weeler Loan

• Rate of Interest – starts from 18 percent per annum (Fixed interest rate)
• Loan processing charges – Upto 5 percent on sanctioned amount plus GST
• Penal Interest – 8 percent per month on the balance due
• Prepayment/ Foreclosure charges (01-06 months of EMI repayment) – 7% plus GST
• Prepayment/ Foreclosure charges (Above 6 months) – 5% plus GST