The Company Management has duly updated the Loan Pricing Policy being followed by the Company. This version is applicable for the year 2025-26 and shall continue to be effective till the new policy is adopted. All earlier versions stand replaced and superseded by this.

The management has decided that the following norms are to be adhered to for the purpose of pricing the various loans being offered to our customers: -

Currently, Stamp Duty applicable on Loan Agreements is 0.15% plus government surcharge.

In view of the marketing requirements and also in view of the need to survive amongst competition from banks and bigger players, the marketing department is given the freedom to design the loan schemes as per the above pricing norms. They are free to split the IRR into upfront interest and EMI interest or make special zero interest schemes where the interest income is booked upfront. Overall IRR shall always be maintained.

The above is a recommended list for charging and should always be adhered to in order to maintain profitability. Where it is felt that a deviation is necessary to secure/protect business, then marketing may seek an approval from Director concerned on a case-by-case basis.

It should be understood that the above IRRs have been arrived at in view of the Company's cost of funds + operating costs + NPA provisioning and is subject to change when there is a major change in the cost of funds.

Note: Processing charge will be charged extra on a case-by-case basis, keeping in view the location of the client and product. Such processing charges include recovery of our expenses incurred on collection of a market report (FI), post and pre-inspection charges, CIBIL enquiry, and stationery etc.