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Schedule of Penal Charges

Salora Capital Limited

A. Personal Loan

Sr. no. Particulars Details
1. Penal Charges (Per Month)
Overdue Amount Charges
Up to Rs 100 Nill
Rs 101 to 1000 Rs. 100
Rs 1001 to 2500 Rs. 250
Rs. 2501 to 5000 Rs. 450
Rs. 5001 to 7500 Rs. 650
Rs. 7501 to 12500 Rs. 950
Rs. 12501 to 20000 Rs. 1250
Rs. 20001 to 30000 Rs. 1750
More than Rs. 30000 Rs 2500
2. Bounce Charge Rs. 650 each Bounce
3. Duplicate NOC Rs.500+GST per Instance
4. Legal Charges As Per Actual
5. Foreclosure Charge/Pre-Payment Charge As Per Actual

B. Payday Loan

Sr. no. Particulars Details
1. Penal Charge (Per Day) 1.25% Per Day
2. Bounce Charge Rs. 650 each Bounce
3. Duplicate NOC Rs.500+GST per Instance
4. Legal Charges As Per Actual
5. Foreclosure Charge/Pre-Payment Charge N/A

C. Early Wage Access (EWA)

Sr. no. Particulars Details
1. Penal Charges (Per Month)
Overdue Amount Charges
Up to Rs 100 Nill
Rs 101 to 1000 Rs. 25
Rs 1001 to 2500 Rs. 62.5
Rs. 2501 to 5000 Rs. 112.5
Rs. 5001 to 7500 Rs. 162.5
Rs. 7501 to 12500 Rs. 237.5
Rs. 12501 to 20000 Rs. 312.5
Rs. 20001 to 30000 Rs. 427.5
More than Rs. 30000 Rs 625
2. Bounce Charge Rs. 650 each Bounce
3. Duplicate NOC Rs.500+GST per Instance
4. Legal Charges As Per Actual
5. Foreclosure Charge/Pre-Payment Charge N/A

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