Service Charges for ICICI Bank Two Wheeler Loans

Service charges are as follows:

Description of Charges		Two Wheeler Loans
Loan Processing Charges / Origination Charges		2.50 % of loan amount or Rs. 750/- whichever is higher (in select cities, it can be upto 5%) + Origination Charges of upto 2% of the Loan amount
Prepayment Charges		4% on the principal outstanding
Solvency Certificate		NA
Charges for late payment (loans)		2% per month
Charges for changing from fixed to floating rates of interest		NA
Charges for changing from floating to fixed rates of interest		NA
Cheque Swap Charges		Rs. 500/-
Document Retrieval Charges		NA
Cheque bounce charges		Rs. 200/-
PDD charges		Rs. 100/-
ECS charges		Rs. 300/-

Note :

1) Origination Charges are included in the Advance installments/ First installment.

2) 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.

Disclaimer:
"ICICI Bank may, at its sole discretion, utilise the services of external service provider/s or agent/s and on such terms as required or necessary, in relation to its products"