Utkarsh Small Finance Bank Ltd provides short term and long-term loan facilities to SME and Corporates to meet their specific business requirements.
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Cash withdrawal on Utkarsh Bank ATMs
Strengthen your liquidity and current ratio with our long-term facilities
Customized repayment options based on business requirements
Support the working capital requirements of your business for growth plans
Relationship Team for smooth onboarding & transactional experience
Write back to us with updated corporate profile at [email protected]
Term Loan
Sr. No. | Charge Name | Charges (Amount in | )
---|---|---|
|
Processing Fee |
As approved by the sanctioning authority |
|
Documentation Charges (Upfront – one time) |
15,000 |
|
Monitoring Visit Charges (Annual) |
15,000 per annum |
|
Penal Interest Penal will be levied in case of
|
Default Interest Rate @ 2% p.a. over and above the rate of prevailing(sanctioned)rate of interest |
|
Pre Closure / Pre Payment Charges |
2% of the principal amount of loan prepaid |
|
Legal / Mortgage Charges / Stamp Duty |
Actual |
Overdraft/Dropline Overdraft
Sr. No. | Charge Name | Charges (Amount in | )
---|---|---|
|
Processing Fees |
On fresh limits - 1 % One renewal of limits – 0.50% |
|
Pre Closure / Pre Payment Charges |
2% of the total outstanding amount in case of DLOD/TL accounts |
|
Adhoc & TOD Limits |
2% over the existing pricing |
|
Penal charges for non-creation of security -
|
1 % of the utilized amount |
|
Penal Charges for
|
10,000/- per month for irregular periods.
|
|
Penal Charges for
|
In case of DLOD/Term Loan an account becomes irregular by way of non-payment of installment, penal interest @ 2% month be charged on the defaulted amount for the period of irregularity |
Schedule of charges (Working Capital Accounts - Overdraft/Dropline Overdraft Limit)
Sr. No. | Particulars | Charges |
---|---|---|
1. | Cash Deposit -Free limit (per month) |
Base Branch : 500 lakhs |
2. | Cash Deposit charge above free limit (Base and Non Base) |
2.50/1000 |
3. | Cheques Book |
2 cheques book (50 leaves) - Free |
4. | RTGS – Branch |
Inward - Free; |
5. | NEFT- Branch |
Inward - Free ; |
6. | Pay order / DD Issuance Charges on Base Branch location |
Free |
7. | DD Issuance charge on Corresponding Bank locations |
1/1000 with min 25/- per DD + applicable corresponding Bank charges |
8. | Door Step Banking Services ( Within City limits) |
Documents/ Cheque/DDs Pickup - 1 pickup free per day |
9. | Account Statement |
|
Account Statement per Quarter (physical) |
Free |
|
Email charges (monthly) |
Free |
|
Ad-hoc statement requests |
500/- |
|
10. | Alerts /Phone Banking |
|
Alerts (Email / SMS) |
Free |
|
Phone Banking |
Free |
|
11. | Standing Instructions |
|
Standing Instructions |
Involving Utkarsh Accounts: Free |
|
12. | Fore closure/Cheques Return charges/ collection |
|
Fore closure charges |
|
|
Cheques deposited and returned (Outward) |
200 per Cheques + GST |
|
Cheques Return (Inward) |
250 per Cheques + GST |
|
ECS Return (Inward/Outward) |
200 per record + GST |
|
13. | Miscellaneous Charges |
|
Balance Certificate |
250 per instance + GST |
|
Interest Statement (Duplicate only) |
Free |
|
|
|
|
Signature Verification / Address Confirmation / DD Cancellation / DD Revalidation/Duplicate DD Issuance |
Signature Verification: Free |
|
Duplicate TDS Certificate |
Free |
|
Confidential Report /Credit Confirmation/TOD Charges |
Free |
|
Paid Cheque Report |
Free |
|
Photo Attestation |
NIL |
|
Solvency Certificate |
2500/- per instance + GST |
|
Online tax payment |
NA |
|
Stop Payment instructions |
Per instrument - 50 + GST |
|
Disbursement documents retrieval charges |
1000/- per instance + GST |
Domestic Bank Guarantee
Sr. No. | Domestic Bank Guarantee against 100% Cash Margin | |
---|---|---|
1 | Fees and Commission | BG Commission: 1.5% p.a. or Min | 2,000.00 (Plus applicable taxes)
(Any Deviation in the pricing will be approved by the Sanctioning Authority) | ||
Commission will be charged for Bank Guarantee tenor plus the claim period |
Overdraft
Dropline Overdraft
Term Loan
Bank Guarantees
* Kindly note that Overdraft, Dropline Overdraft and Term Loan facilities offered under Wholesale Lending are above
1CroreAll loan appraisals are subject to internal assessment & evaluation criteria of the bank
Both Long term and Short term facilities for business expansion & working capital requirement
Interest Rate 8.00% |
Interest Earned 3,50,452 |
Maturity Value 13,50,452 |
Maturity Date 20 Apr 2023 |
(Indicative interest rates for calculation only. click here for latest rates.) |
Earn upto 7.50% p.a. on your Savings Account, with Quarterly credits
Earn interest rates upto 8.50 % p.a. and 9.10% p.a. for Senior Citizens
Get Loan amount upto
10 Crores with Flexible Tenure upto 15 yearsTurn your surplus funds into security, for a better tomorrow
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