Credit Fees

LENDING RELATED FEES AND CHARGES
 1 Loan Administrative Fee    
1.1 New Loans    
  Corporate Upto 0.30%
  Deprived  
                                     Wholesale Lending Upto 0.30%
                                     Direct Lending 0.75% 
  SME Loans 0.75%
  Swap Loans (Inwards) 0.15%
  Retail Loans 0.75%
                              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 0.75%
                                                 Renewals 0.75%
1.4 Personal Overdraft/ TL/ STL  
                                                New Loans 0.75%
                                                Renewals 0.75%
2 Loan Administrative Fees - Renewal  
  Corporate Up to 0.25%
  Deprived  
                                               Wholesale Lending 0.15%
                                               Direct Lending 0.15%
  SME Loans 0.15%
  Retail Loans 0.15%
2.1 Commitment Fee (Overdraft Nature Loans) Charges applicable when annual utilization is below 60% of limit.
                                              Corporate and Deprived 0.15% of unutlized limit
                                              SME  0.15% of unutilized limit
                                              Retail  0.15% of untilized limit
3 Commitment Fee - Long Term Finance 0.15% 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 upto NPR 5 million limit Nil
  Prepayment of any type of loan upto NPR 5 million due to change in interest rate of initial approving terms and conditions without consent of borrower. Nil
5 Loan swap (Outward)  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)    
12.1 Collateral release fee (Margin-Lending) Rs. 200 per company per transaction
  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 Rs. 1000
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. 25,000
21 Letter of Credit Certification  
                                 Upto NPR 50 Million Rs. 1000
                                 Above NPR 50 Million Rs. 2500
22 Letter of Credit Commitment  At least 0.15% per quarter, subject to minimum Rs. 1000/-
22 Change / Amendments in Security Documents  
  Corporate and Project Loans Rs. 10000 flat
  SME  Rs. 10000, subject to maximum 0.15% of the limit
  Retail Rs. 10000, subject to maximum 0.15% of the limit
23 Annual Renew Fee ( All Terminating Nature Loans)  
  Upto NPR 0.5 Million Rs. 1000/-
  NPR 0.5 Million - NPR 5 Million RS. 5000/-
  Above NPR 5 Million Rs. 10000/-
  Note : All processing fee and CICL fee to be deposited upfront.