|
Service Charges
| Description of Charges |
|
Commercial Vehicle Loans |
| Loan Processing Charges |
|
0.5% of the loan amount |
| Prepayment Charges |
|
Lower of the two amount given below.
1. 4% of principal outstanding or
2. Interest outstanding for unexpired period of the loan. |
| Stamp duty |
|
Actuals |
| Charges for late payment (loans) |
|
2% per month on the outstanding installment |
| Cheque Swap Charges |
|
Rs. 500/- per transaction |
| Cheque return charges^ |
|
Rs. 400/- per return |
| Amortization Schedule Charges |
|
Rs. 200/- per schedule |
| Statement of Account Charges |
|
Rs. 200/- per statement |
| Foreclosure Statement Charges |
|
Rs. 100/- per statement |
| Duplicate NOC Charges |
|
Rs. 500/- per NOC |
| Revalidation of NOC Charges |
|
Rs. 500/- per NOC |
| NOC to convert from Private to Commercial Registration |
|
Rs. 2000/- per NOC |
| NOC to convert from Commercial to Private Registration |
|
Rs. 2000/- per NOC |
Note :
1) Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate may be charged over and above these charges at the discretion of ICICI Bank.
2) The charges or fees given in above table are subject to change and the one recorded in agreement will be binding over the site.
3) ^Effective for loans availed from August 10th, 2009. For loans availed prior to the said date, the cheque return charge is Rs 200.
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