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                                 Edgro Schedule of Fees & Charges

Comparison of Fees & Charges

S. No Type of Charge Edgro
1Application FeesNil
2Processing FeesUp to 2%
3Stamp DutyAs per State law
4NACH Mandate ChargeNil
5Mandate Rejection ChargesNil
6Pre-Payment ChargesUp to 4% of Principal Outstanding
7Delay ChargesINR 25/- per day till delay continues
8Late Payment InterestNil (w.e.f. 01/10/2024)
9Bounce Charge (Per Instance)INR 350/- (w.e.f. 01/10/2024)
10Cooling off Period15 Days
11Duplicate NOCINR 200/- per instance
12Cersai Fees (Per collateral)NA
13Document Retrieval / Maintenance ChargesNA
14Cheque/ECS Swap ChargesNil
15Repayment Mandate Pickup Charges (per visit)Nil
16Collection Pickup ChargesNil

Note: In Karnataka, the minimum amount of stamp duty that a buyer has to pay is ₹500. This is in accordance with Article 6 of the Karnataka Stamp Act, which states that a stamp duty of 0.1% is charged for a loan agreement.