Schedule of Charges - MBL Secured (Secured by Collateral)
S. No. | Charges Parameters | Applicable Charges* |
1. | Interest Rate | Minimum: Repo Rate / EBR Maximum: Upto 24% p.a. |
2. | Loan Processing Charges | Upto 2.50%of Loan Amount |
3. | Stamping Charges | As per State’s Stamp Act |
4. | Stamping expenses | ₹ 100 (including GST) |
5. | Interest on overdue EMI | At the contracted Rate of Interest (Loan IRR) |
6. | Prepayment / Foreclosure charges | Refer Annexure |
7. | Collection Charges | ₹ 600 per visit |
8. | Cheque/SI/ACH/ECS Return Charges | ₹ 500 |
9. | Statement of Account | ₹ 500 |
10. | Duplicate Amortization / Repayment Schedule | ₹ 500 |
11. | Repayment Instrument Swap Charges | ₹ 1,000 |
12. | Change in Instalment date | ₹ 500 plus difference period interest (ifany) |
13. | Duplicate Copyof Property/ LoanDocument | ₹ 1,000 |
14. | Asset Verification Charges* | At Actuals |
15. | Property Valuation Charges* | ₹ 1,500 per property for AP, KR, TN, TEL, PNY |
| ₹ 2,500 per property for other states | ||
16. | Property Legal Charges* | ₹ 5,500 per collateral for Delhi, NCR & Mumbai |
| ₹ 1,800 per collateral for AP, KR, TN, TEL, PNY | ||
| ₹ 3,500 per collateral for other states | ||
17. | Property Swapping Charges* | ₹ 7,500per property for Delhi, NCR & Mumbai |
₹ 5,000per property forrest of states | ||
18. | Property Paper Retrieval for Verification/Inspection/For LeaseDeed from Development Authority/Nagar Palika* | ₹ 1,500 |
19. | Provisional / FinalInterest certificate | Nil |
20. | Conversion of Rate type (from Fixedto Floating or Floating to fixed) or reduction of rate or change in structure | 1% of principal outstanding |
21. | Lender NOC /Solvency Certificate | Minimum: ₹ 10,000 & Maximum: ₹ 50,000 |
22. | ROC filling charges | At actuals |
23. | Cheque / Disbursement / Loan cancelation | ₹ 1,000(within 7 daysof cheque issue date) |
₹ 1,000 plus interest up to cancelation period | ||
24. | Cash Collection Charges (at thetime Prepayment / foreclosure only, if cash collection is more than Rs 20,000) | ₹ 5 per thousand for cash collection |
25. | Duplicate issue of No Dues Certificate | ₹ 500 |
26. | RCU Charges (as per applicability) | ₹ 750 |
27. | Foreclosure Statement Charges | ₹ 500 |
28. | Legal & Courier Charges | ₹ 1100 |
29. | Default collection charge | ₹ 600 |
30. | Tele Collection charge | ₹ 40 |
31. | Penal Charges on EMI default | ₹ 0.65 per ₹ 1,000 (or every part thereof) will be charged daily on overdue EMI |
32. | Legal / SARFAESI / Incidental Charges* | |
a. | Arbitration | Upto ₹ 5,100 |
b. | Execution of Arbitration Awards | Upto ₹ 6,800 |
c. | Complaint U/s 138 (NI Act)/25 (PASS Act) | Upto ₹ 6,800 |
d. | Issue of Notice U/s 13(2) of SARFAESI Act | Upto ₹ 11,100 |
e. | Enforcement Action U/s 14 SARFAESI Act | Upto ₹ 17,000 |
f. | Any Other Legal Action taken by or against Bank | At Actuals |
* Chargeable based applicability
Annexure:
Prepayment Charges for Partial prepayment | |
Slab | Applicable Charge* |
| a) If paid upto 6 months from last disbursement date | 5% of Amountwhich is Partial Prepaid |
| b) If paid after 6 months & upto 12 months from last disbursement date | No prepayment charge to be taken if total amountdeposited in FY up to 25% of POS (starting of FY) |
5% of total amountpartial prepaid in FY, if sum of all part prepayment crosses the limit of 25% of opening principal in starting of FY. i.e., Charges will beapplicable on the total amount partially pre-paid in the same FY. | |
| c) If paid after 12 months fromlast disbursement date | No prepayment charge to be taken if amount deposited up to 25 % of POS (starting of FY) |
4% of total amount partial prepaid in FY, if sum of all part prepayment crosses the limit of 25% of opening principal in starting of FY. i.e., Charges willbe applicable on the totalamount partially pre-paid in the same FY. | |
Prepayment Foreclosure charges for Full closure | |
| a) If paid before 12 months fromlast disbursement date | 5% of Balance amount at the time of closure |
| b) If paid after 12 months fromlast disbursement date | 4% of Balance amount at the time of closure |
#No pre-payment charges will be levied over Floating rate loans granted for business purpose to Individuals and MSEs (Applicable for Loans sanctioned on or after 1st January 2026)
Notes:
- Schedule of charges shall be uploaded on AU Small Finance Bank Ltd. website.
- The above charges are standard, bank may apply charges either as per this schedule or as per bilaterally accepted terms between customer and the bank.
- The above charges are at maximum level, for any discount or waiver on above charges shall be approved by respective authority as per charges approval matrix.
- GST and other Government taxes applicable as per prevailing rate will be charged over and above the fees and charges.
- Part payment will be applied over the Principal outstanding, post adjustment of due EMI and Charges, if any.
- Bank do not levy any loan related and ad hoc service charges/inspection charges on priority sector loans up to ₹ 25,000.
- If customer makes part payment in tranches, then the tranche in which total part pre-payments done in FY crosses 25% of POS in the starting of the FY, then prepayment charges will be applicable on all the part payments done earlier in same FY.
- Minimum part payment amount should be equal to 3 EMIs.
- No part payment is allowed in Partial disbursed cases and can be made only in full disbursed cases.
- Default effect will be given on tenure only i.e., tenure will be reduced until written request to give impact on EMI is given by the customer.
- Impact of part prepayment in both EMI & Tenure is not allowed. In exceptional cases, bank can ask for additional/updated documents from the customer along with the submission of supplementary agreement signed by all the customers in the loan with applicable stamp duty & charges.
- The terms and conditions, as defined by AU Small Finance Bank, apply. Please refer www.au.bank.in for Further details.
