Å KODA Bank

Service Charges

The fees and charges to be levied on the various services is compiled in the below table.

Nature of Services / Facilities / PermissionsCharges(INR)
Loan Processing Fees

a) If loan amount < 5 lacs - Rs 3388

b) If loan amount > 5 lacs & < 10 lacs - Rs 3833

c) If loan amount > 10 lacs - Rs 4545

d) Documentation Charges -  Rs 350

e) Service Tax - As per actuals

Change of personal informationNIL
Change of correspondence addressNIL
Copy of full set of Agreement(on client's request)Rs. 200
Change in contract tenure ( Reschedulement and cycle date change)Rs. 5000
Change in agreement or addendum to Agreement( Constitutional change - Non Monetary change)Rs. 2500
Withdrawal or Loan cancelation chargesRs. 5000
Consent letter for Inter State RC transferRs.1000
Repayment schedule / Statement of Loan A/c on borrowers requestRs. 250
Change or addition of guarantorRs. 5000
Post closure duplicate issues of NOCRs. 1000
Documentation chargesRs. 350
NOC for commercial to personal usageRs. 2000
LPG / CNG NOCRs. 2000
NOC private to commercial usageRs. 5000
Interest on default payments0.1% per day plus applicable taxes
Charges per cheque / ESC mandate bounceRs. 500 per instance
Cheque / repayment mode swap chargeRs. 500
Cheque re-presentation chargesRs. 500
Full prepayment charges(effective 18/4/2013)

a) If within 24 months -  3% on outstanding principal amount

b) If after 24 months - 1.5% on outstanding principal amount

Part PaymentAllowed only twice in entire loan tenure, prepayment amount should not be less than the amount equivalent to 3 EMIs. For processing such part prepayment request 2% part prepayment charges shall be levied on said part payment amount.
Legal, repossession and incidental chargesAt actual
Stamp duty chargesAt actual

Note

1) All fees and charges are subject to Service Tax as applicable.

2) The fees or charges given in above table are subject to change and the one recorded in agreement will be binding over this site