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Pre-Payment Charges

Pre-Payment Charges – If the account is adjusted through takeover within 1 year of 1st disbursement:


Amount of Facility

Working Capital

Term Loan

Non-Fund Limit

Upto Rs.1 Cr

2% of Sanction Limit

2% of Outstanding

1% of Sanction Limit

Above Rs.1 Cr

1% of Sanction Limit

1% of Outstanding

1% of Sanction limit


  1. No pre-payment charges to be levied on floating rate term loans sanctioned to individual borrowers only.
  2. In take over cases, in addition to levying pre-payment charges, all the concession/relaxation/waiver in the service charges, ROI etc. granted as per the last sanction shall be withdrawn and respective amount to be recovered from the borrower.

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