Credit Fees

LENDING RELATED FEES AND CHARGES
 1 Loan Administrative Fee    
1.1 New Loans    
  Corporate Upto 0.25%
  Deprived  
                                     Wholesale Lending                        Upto 0.25%
                                     Direct Lending                         0.75% to 1.00%
  SME Loans                         0.50% to 0.75%
  Swap Loans                         0.10% to 0.35%
  Retail Loans  
                                                     Home Loans 1.00%
                                                      Auto Loans (Private) 1.00% 
                                                      Education Loans 1.00% 
                                                      Hire Purchase Loans 1.00% 
                                                      SWAP Loans (In) 0.50%
                                                      Professional Loans 2.00%
                                                      Gold Loan (For new and renewal) 0.50%
                                                      Loans as per tie up arrangement As per agreement
1.2 Loan against Fixed Deposits Up to 0.25%
1.3 Loan against Marketable Securities
                                                 New Loans 1.00%
                                                 Renewals 0.75%
1.4 Personal Overdraft/ TL/ STL  
                                                New Loans 1.00%
                                                Renewals 0.75%
2 Loan Administrative Fees - Renewal  
  Corporate Up to 0.25%
  Deprived  
                                               Wholesale Lending Up to 0.25%
                                               Direct Lending 0.25% to 0.50%
  SME Loans 0.15% to 0.40%
  Retail Loans 0.50% to 0.75%
2.1 Commitment Fee (Overdraft Nature Loans) Charges applicable when annual utilization is below 50% of limit.
                                              Corporate and Deprived Up to 0.25% of unutlized limit
                                              SME  Up to 0.50% of unutilized limit
                                              Retail Up to 0.75% of untilized limit
3 Commitment Fee - Long Term Finance Up to 1% of unutilized limit
4 Prepayment fee above NPR 5 million limit (To be charged subject to conditions as prescribed by NRB) 2% of the amount prepaid (after half of the tenure 1% of the amount prepaid) In case of Consortium Loan - As per the consortium decisions.
  Prepayment of any type of loan above NPR 5 million limit Nil
  Prepayment of any type of loan above NPR 5 million due to change in interest rate of initial approving terms and conditions without consent of borrower. Nil
5 Loan swap   2% of the amount swapped
6 Not receiving business activity report Nil
7 Insurance not renewed on time Nil
8 Request for facility renewal not received on time Nil
9 Certification/letter for credit client Rs. 500/- per certification
10 Collateral release fee (Land and Building)    
  Ongoing customer Rs. 2000
  Exit customer request received within 15 days Free
  After 15 days to 1 month Rs. 2000
  After 1 month Rs. 5000
11 Vehicle ownership transfer in the name of customer    
  Request received - within 15 days Free
  After 15 days to 1 month Rs. 1000
  After 1 month Rs. 2000
12. Collateral release fee (share)    
                                 Ongoing customer Rs. 2000
  Exit customers request received within 15 days Free
  After 15 days to 1 month Rs. 2000
  After 1 month Rs. 5000
13. Payment of insurance on the request of customer Nil
14. Assisting the borrower to obtain copy of blue book Rs.1000
15 Certify/endorse the claim lodged application by the borrower to the insurance company Free
16 Credit Information Charges (including black listing/ delisting etc) Actual
17 Late Payment Fee    
  For EMI and EQI based loans Nil
  For other loans Nil
18 Penal Interest charge on expired OD Additional 2% above applicable interest rate  
19 Penal Interest Charge on Term Loan Overdue Installment Addiitonal 2% for the amount overdue for the overdue period.  
20 Line of Credit / Letter of Intent    
                                  Up to NPR 50 Million Rs. 5000  
                                  Above NPR 50 Million Rs. 10,000