Income proof document (For Salaried-last 3 months Pay Slip or 3 years Form-16, For others - Last 3 years ITR)
Address Proof
Photo Identity Proof
PAN Card
Bank Statement Last 12 months
Photograph - Passport size
Property Paper with Chain - In case of LAP.
Initial fee Cheque in favour of 'M/s Reynav Capital Pvt. Ltd.'
Interest Rates
For unsecured loan the interest rate ranges between 24% to 32% on monthly reducing balance.
For secure loan the interest rate ranges between 20% to 24% on monthly reducing balances.
Note: The interest rates are subject to change anytime. This is the sole discretion of the management of M/s SFPL.
Fee & Charges
Loan Against Property (LAP
Processing Fees (On disburse loan amt.): 3% of the loan amount
Non Refundable Initial Fee: Rs 6000/- (Adjustable in P. Fee) for Delhi Only.
:Rs 10,000/- (Adjustable in P. Fee) for Other than Delhi.
Technical charges: Rs.3000/- (For Delhi Only)
: Rs. 5000/- (For other than Delhi)
Legal Charges: Rs.5500/- (For Delhi Only)
:Rs. 10000/- (For other than Delhi)
Prepayment / Foreclosure Charges: 4% on outstanding principal balance
Partial Prepayment Charge: NIL (Up to 25% of loan amount only in a year. If prepayment
amount is more than 25% then it will attract charge 4% on whole amount.)
Delayed EMI payment penalty: 2% per month on outstanding EMIs.
Cheque/SI bounces charges: Rs.1000/- per bounce.
Cheque swapping charge: Rs.1000/-
Legal charges due to non-payment of EMI/loan amount: Rs. XXX (Case to case
basis)
Amortisation Schedule/SOA charges: Rs.1000/-
List of property document charges: Rs.2000/-
Note: Applicable Taxes are extra & Payable by Borrower
Real Estate Finance (REF)
Processing Fees (On disburse loan amt.): 3%
Non Refundable Initial Fee: Rs 5000/- (Adjustable in P. Fee)
Technical charges: Rs.3000/- (For Delhi Only)
: Rs. 5000/- (For other than Delhi)
Legal charges: Rs.5500/-(For Delhi Only)
:Rs. 10000/- (For other than Delhi)
Partial Prepayment Charge: NIL (Up to 25% of loan amount only in a year.
If prepayment amount is more than 25%, then it will attract charge 4%on whole amount)
Prepayment / Foreclosure Charges: 4% on outstanding principal balance
Delayed EMI payment penalty: 2% per month on outstanding EMIs.
Cheque/SI bounces charges: Rs.1000/- per bounce.
Cheque swapping charge: Rs.1000/-
Legal charges due to non-payment of EMI/loan amount: Rs. XXX (Case to case basis).
Amortisation Schedule/SOA charges: Rs 1000/-
List of property document charges: Rs.2000/-
Note: Applicable Taxes are extra & Payable by Borrower
Loan Against Pledging Of Shares(LAPS)
Non Refundable Initial Fee: Rs. 2000/- (Adjustable in P. Fee)
Processing Fees (On disburse loan amt.): 3% ( If loan amount is < or = 5 lakhs)
:2% ( If loan amount is > 5 lakhs)
Pledge charges: Rs. 100/-
Un pledge charges: Rs.100/-
Invocation charge: Rs. 100/-
Demat/Trading a/c opening charge: Rs. 700/- (Including S.Tax) � Will be debited automatically
in Demat account.
Partial Prepayment charge: NIL (Up to 25% of loan amount once in loan tenure). If
prepayment amount is more than 25%, then it will attract charge 4% on whole amount)
Prepayment / Foreclosure Charges: 4%
Delayed EMI payment penalty: 2% per month on outstanding EMIs.
Cheque/SI bounces charges: Rs.1000/- per bounce.
Cheque swapping charge: Rs.1000/-
Legal charges due to non-payment of EMI/loan amount: Rs. XXX (Case to case basis).
Amortisation Schedule/SOA charges: Rs 1000/-
Note: Applicable Taxes are extra & Payable by Borrower
Small Ticket Personal Loan (STPL)
Non Refundable Initial Fee: Rs 500/- (Adjustable in P. Fee)
Processing Fees (On disburse loan amt.): 5% of loan amount or Rs.500/- whichever is higher
Prepayment / Foreclosure Charges: 4% on outstanding principal balance
Delayed EMI payment penalty: 2% per month on outstanding EMIs.
Cheque/SI bounces charges: Rs.1000/- per bounce
Cheque swapping charge: Rs.1000/-
Legal charges due to non-payment of EMI/loan amount: Rs. XXX(Case to case basis)
Amortisation Schedule/SOA charges: Rs.1000/-
Note: Applicable Taxes are extra & Payable by Borrower
Personal Loan (PL)
Non Refundable Initial Fee: Rs. 2000/- (Adjustable in P. Fee)
Processing Fees (On disburse loan amt.: 3% of disbursed loan amount
Delayed EMI payment penalty: 2% per month on outstanding EMIs
Prepayment / Foreclosure Charges: 4% on outstanding principal balance
Cheque/SI bounces charges: Rs.1000/- per bounce
Cheque swapping charge: Rs.1000/-
Legal charges due to non-payment of EMI/loan amount: Rs. XXX(Case to case basis)
Amortisation Schedule/SOA charges: Rs.1000/-
Note: Applicable Taxes are extra & Payable by Borrower
Business Loan (BL)
Non Refundable Initial Fee: Rs. 3500/- (Adjustable in P. Fee)
Processing Fees (On disburse loan amt.): 3% of disburse amount
Delayed EMI payment penalty: 2% per month on outstanding EMIs
Cheque/SI bounces charges: Rs.1000/- per bounce
Cheque swapping charge: Rs.1000/-
Prepayment / Foreclosure Charges: 4% on outstanding principal balance
Legal charges due to non-payment of EMI/loan amount: Rs. XXX(Case to case basis)
Amortisation Schedule/SOA charges: Rs.1000/-
Note: Applicable Taxes are extra & Payable by Borrower
Istant Loan (IL)
Non Refundable Initial Fee: Rs. 500/- (Adjustable in P. Fee)
Processing Fees (On disburse loan amt.): 4% of disburse amount or Rs.2500/- whichever is
higher (In case of Medical emergency ONLY, the P. Fee will be NIL).
Delayed EMI payment penalty: 2% per month on outstanding EMIs
Cheque/SI bounces charges: Rs.1000/- per bounce
Cheque swapping charge: Rs.1000/-
Prepayment / Foreclosure Charges: 4% on outstanding principal balance
Legal charges due to non-payment of EMI/loan amount: Rs. XXX(Case to case basis)
Amortisation Schedule/SOA charges: Rs.1000/-
Note: Applicable Taxes are extra & Payable by Borrower
