| Name of Charges | Amt or Percentage Terms | |
|---|---|---|
| Profectus Prime Lending Rate (PPLR) | The Board approved prime lending rate for Profectus Capital Private Limited is 15.85% with effect from July 1, 2023.The rate of interest for all the loans offered by PCPL will be PPLR +/- spread. Profectus Capital follows Risk Based Pricing approach that entails pricing each loan after weighing-in all risks and their corresponding mitigants. | |
| Stamp duty | Actuals | |
| Technical Valuation Charges (to be collected upfront) | Actuals | |
| Legal search charges (to be collected upfront) | Actuals | |
| Cheque / NACH Bounce Charges | Rs. 1050 | |
| Additional Interest on delayed payment on unpaid amount | 15% per annum on unpaid amount. | |
| Specifically : 24% for Supply Chain Finance Product and 36% for Merchant Cash Advance Product | ||
| Cheque Swapping Charges | Rs 750 per swap (Incl of Tax) | |
| Prepayment Charges | For SFP & MEF. For EML (Loan sanction up to 23rd November 2021.) | i) 5% within 12 months of disbursement, ii) 4% 13 to 24 months of disbursement, iii) 3% 25 to 36 months of disbursement, iv) 2% > 36 months of disbursement (Exclusive of GST). |
| For EML (Loan sanction from 24th November 2021) | Pre-Closure Charges shall be as under: i) 5% if Loan is pre-closed within 12 months of disbursement. ii) 4% if Loan is pre-closed between 13 - 24 months since disbursement. iii) 3% if Loan is pre-closed between 25 - 36 months since disbursement. iv) 2% if Loan is pre-closed after more than 36 months since disbursement. | |
| (Exclusive of GST). For Machinery funding under SME Super product 5% Flat FC charges for entire loan tenure. | ||
| Part Prepayment | Upto 25% of current POS : 2% (Excl of Tax) | |
| Loan cancellation charges | Rs 2000 (Incl of Tax) | |
| Certified Loan Statement (per loan) | Rs 500 (Incl of Tax) | |
| Duplicate NDC / NOC Issuance charges | Rs 500 (Incl of Tax) | |
| Legal / Collection/ Repossession & Incidental charges | Actuals | |
| Copy of Loan Documents | Rs 500 (Incl of Tax) | |
| FC Statement Issuance Charges | Rs. 500 (plus GST) | |
Become a Business Partner