All the information you need!

Interest Rate Rationale

11% to 18% per annum floating rate of interest. Floating rate of interest is linked to the FICCL retail prime lending rate which is currently at 19%

Fees & Charges

Here’s a table of Fees and Charges to help you understand the same in detail,

Charge Type	Amount
Processing Fees	Up to 3% of the Loan Amount
Stamp Duty/Registration	At applicable rates (as per relevant State Laws)
Pledge confirmation/release/invocation charges*	INR 50 per security
Liquidation Charges*	0.15% of value of securities liquidated
Cheque / ACH / ECS dishonoured Charges (per dishonour of cheque/ACH/ECS per presentation)	500
Delayed EMI Payment/ Interest Payment( per month of delay, every month)	2% per month on the outstanding balance which is overdue
Under-utilization charges	0.25% of the difference between actual average utilization and 25% of the average operating limit during the quarter, subject to a minimum of INR 1,250/- chargeable on a quarterly basis
Swap Charges- for replacement of ACH/ECS to ACH/ECS (per instance)	500
Swap Charges- for replacement of Post-dated cheques to ACH / ECS (per instance)	500
Prepayment charges**	Nil for Overdraft facility

* Applicable for Securities in demat form
** For any other facility pre-payment would attract charges of an amount not exceeding 2% of the prepaid loan amount or such other amount as may be specified by FICCL in the sanction letter or otherwise from time to time