Attention!!! Moratorium period has ended on 31st August 2020. Please maintain sufficient balance to successfully pay your outstanding dues from your bank account on the due date in September 2020.

Used Car Loan

Type Amount
Bounce Fees 350
Late Payment Fees 150/- Per month
Swapping Fees 500/- Per Instance
No Objection Certificate ZERO First Time
Duplicate NOC Charges 500/- Per Instance
LPG/CNG- NOC (Other Special) 500/- Per Instance
Schedule Charges Online Free
Legal Charges At Actuals
Repossession Charges At Actuals
Parking & Auction Charges At Actuals
Incidental Charges At Actuals
Cancellation Charges AEON
- Before Settlement of Loan ZERO
- After Settlement of Loan 6% or Rs.700 whichever is higher

Note: Current Cancellation Charge, Within 7 days from Settlement ZERO & After 7 days from Settlement 6% or Rs.700/- Whichever is higher.
Cancellation Charges + (Stamp duty, Processing fees, Valuation charges are non refundable) 6% of Principal Amount If the 1st EMI becomes due, then the loan will not be treated as “Cancellation” but will be treated as “Foreclosure”.

1 ~ 12 (months) 13 ~ 24 (months) 24 (months) & Above
6.0% 5.0% ZERO

Important Information -

  • We request you to maintain sufficient balance on your account to debit the Emi on your payment due date as stated in your Sanction Letter to avoid any last minute hassles.
  • Paying well on time not only help you to avoid late fee but will also help you build a good credit score.
  • Please refer to your Sanction Letter for fee, charges and interest applicable to your loan.
  • Interest rate may vary from product & offers
  • The fee and interest shall be charged basis loan amount, commodity financed and specific offers.
  • Payment made through PayTM, ITZCash, Billdesk or PaynearBy will incur an additional processing fee.