SmartCare Small Finance is providing loan to aspirants who wants to own their two wheeler. Our endeavour is to provide hassle free processing along with simplified documentations and faster decisioning of Loan.
Loan Amount | `26,000 – `1,25,000. |
Loan Tenure | 12 - 36 months. |
Rate of Interest | 21% - 23% p.a. (reducing balance). |
Processing Fee | 2% of loan amount (excluding applicable GST). |
Documentation Charges | `500(excluding applicable GST). |
Stamp duty | As per the state by-laws. |
CERSAI Charges | At actuals. |
Late Payment Charges | 2% flat on the overdue amount (excluding applicable GST). |
Bounce Charges | `450 per bounce. |
Pre-closure Charges | Pre-closure of loan will attract a pre-payment penalty of 2 % p.a. of principal outstanding (excluding applicable GST). |