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.