Sr. No
SCHEDULE OF CHARGES - AUTO LOAN
Description of Charges
Charges
PRE-DISBURSEMENT CHARGES
1
2
Stamp Duty & Other Statutory Charges
Processing charges amount
As per applicable laws of the state
For New Car - Upto 1% of Loan Amount subject
to maximum of Rs.10000.
For Used Car – Upto 2% of Loan Amount subject
to maximum of Rs. 10000.
POST DISBURSEMENT CHARGES
1
Loan Cancellation and Re-Booking Charges
2
Late Payment Charges
3
4
Cheque Bounce Charges
Cheque Swapping Charges
Rs. 750 per Bounce
Rs. 750 per change request
From 07 months to 12 months (from 1st EMI) 6% of outstanding
Prepayment / Foreclosure charges
From 13 months to 24 months (from 1st EMI) 5% of outstanding
5
Rs. 1000 (Cancellation and Interest charges will
be borne by the customer)
2% per Month
Post 24 months (from 1st EMI) - 3% of
outstanding
Part prepayment is allowed subject to
completion of 12 EMIs.
Charges applicable after 12 months are as under
6
7
Part Prepayment charges
Amortization Schedule Charges
8
9
Duplicate NOC/NDC Issuance charge
Loan Statement charges
10
Loan Re-schedulement charges
11
12
Prepayment Statement charge
Revalidation of NOC charges
13-24 Months
amount.
Post 24 Months
amount.
5% on part prepayment
3% on part prepayment
Terms of part pre payment a. Part Pre-payment can be done twice during
loan tenure.
b. At any point of time, part prepayment will not
increase beyond 25% of Principal Outstanding.
Duplicate Repayment Schedule Charges- Rs. 500
per schedule.
Rs. 750 per NOC/NDC
Rs. 750 per statement
Rs. 1000/- will be charged. If changes are
required on RC, refundable Security Deposit –
non-interest bearing of Rs. 5000 would be
required. It will be the borrower's responsibility
to provide the transferred Registration Certificate
to the bank.
NA
NA
13
14
15
16
17
18
19
20
21
22
23
NOC to convert from Commercial to
Private Registration & Vice Versa
NA
Special NOC
Processing charges for Subsidies (For
Application, Documentation
processing/Storage)
Commercial / Personal Use NOC
(conversion subject to credit approval)
Rs. 500 per request.
NA
Collateral Charges
Asset Verification / Valuation Charges
R. 499
Rs. 1000
Rs. 2500 levied as one-time charge if documents
not submitted with 120 days from loan disbursal
date.
If charge is not paid immediately, then Penal
Interest charge mentioned above will be
additionally levied.
Rs. 499
Rs. 50
At actuals
Individual - 50
Non-submission of PDD Documents
Copy/Original Registration
Certificate/Invoice/Insurance document
with hypothecation noting in favor of YES
Bank
Documentation Charges
CIBIL Charges (only on request)
Insurance Term
Fee per loan/debt record of a borrower for
first year
Rs. 2250 per NOC
Company and LLP:
1st Loan/Debt Record -- Rs. 300/2nd to 10th Loan/Debt record -- Rs. 100/- each
11th Loan/Debt record onwards -- Rs. 50/- each
Other Commercial Entities:
1st Loan/Debt Record -- Rs. 150/2nd Loan/Debt record onwards -- Rs. 50/- each
Individual - NIL
24
Annual Renewal Fee per loan/debt record
of a borrower
Company and LLP:
1st Loan/debt Record -- Rs. 250/2nd to 10th Loan/debt record-- Rs. 100/- each
11th Loan/debt Record onwards -- Rs. 50/- each
Other Commercial Entities:
1st Loan/debt Record -- Rs. 125/2nd Loan/Debt record onwards - Rs. 50/- each
25
Date on which annual Outstanding Balance
Statement will be issued
On Demand
Note: GST and other government charges, taxes, levies, etc. applicable as per prevailing rate will be
charged over and above these charges.
Version control no. AL_SOC_April2022