| Change of personal information |
NIL |
| Change of correspondence address |
NIL |
| Copy of Full set of Agreement( on client's request) |
Rs. 200 |
| Change in contract tenure ( Reschedulement and cycle date change) |
Rs. 5,000 |
| Change in Agreement or addendum to Agreement (Constitutional change- Non Monetary change) |
Rs. 2,500 |
| Withdrawal or Loan cancelation charges |
Rs. 5,000 |
| Consent letter for Inter State RC transfer |
Rs. 1,000 |
| Repayment schedule / Statement of Loan A/c on borrowers request |
NIL
|
| Change or addition of guarantor |
Rs. 5,000 |
| Post closure duplicate Issue of NOC |
Rs. 1,000 |
| Documentation charges |
Rs. 350 |
| NOC for commercial to personal usage |
Rs. 2,000 |
| LPG / CNG NOC |
Rs. 2,000 |
| NOC private to commercial usage |
Rs. 5,000 |
| Interest On default payments |
0.1% per day plus applicable taxes |
| Charges per cheque / ESC mandate bounce |
Rs. 500 per instance |
| Cheque / repayment mode swap charge |
Rs. 500 |
| Cheque re-presentation charges |
Rs. 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 |
| Full prepayment charges (Effective 01/02/2018) |
a) If within 24 months - 5.5% on outstanding principal amount |
| |
b) If after 24 months and within 36 months- 1.5% on outstanding principal amount |
| |
c) If after 36 months - NIL foreclosure charges |
|
| |
For Customers having existing LAN with VWFPL: a) If within 6 months - 4% on outstanding principal amount b) If after 6 months - NIL Charges
|
|
| Part Payment |
Allowed 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, collection and incidental charges |
At actual |
| Stamp duty charges |
At actual |
