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Home > SME Loan Interest Rates & Service Charges

SME Loan Interest Rates & Service Charges

Interest Rates & Service Charges for DHFL SME & Business Loans

Most small and medium entrepreneurs start off with a vision to grow, albeit with limited financial understanding. One of the best financial decisions an entrepreneur could take for realising his vision would be availing a business loan to fund operations. We, at DHFL understand the funding limitations of small businesses and hence offer SME loans up to `20 crores at highly competitive interest rates. We also offer SME Loan interest rates that suit your business’s financial requirements.

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Sr. No Charge Description Charge Amount
Type of Loan
1 Application Fees /Login Fees Business Loan Property Term Loan Plant & Machinery Loan Medical Equipments Loan
No fees `10,000 + Applicable GST New : No Fee
Used : `5000/- + Applicable GST
New : No Fee
Used : `5000/- + Applicable GST
2 Processing Fees (Non-Refundable) (% of loan application value) 2% + Applicable GST 1.25% + Applicable GST 2% + Applicable GST 1.25 % + Applicable GST
3 CERSAI Registry / Modification Charges `50/- for loans up to `5 lac + Applicable GST
`100/- for loans above `5 lacs + Applicable GST
4 Technical Fees (for additional property or property situated outside geographic limit or for pre technical) a. Within 60 km radius: No charges
b. Beyond 60 km: `500/- for first visit and `750/- for subsequent visits + Applicable GST
5 Valuation charges Business Loans: Not applicable
Property Term Loan, Plant & Machinery Loan & Medical Equipment Loan: At Actuals
6 Part-Prepayment Charges
*Part-prepayment will be allowed only once in a financial year.
Type Of Loan Disbursement Stage Charges Applicable
a. Business Loan
b. Plant & Machinery Loan
c. Medical Equipment Loan
No Part -prepayment allowed No part-prepayment allowed
Property Term Loan* Within 6 months of agreement date No part-prepayment allowed
7-24 months of agreement date 5% + Applicable GST
25-36 months of agreement date 3% +Applicable GST
After 36 months of agreement date 2% +Applicable GST
7 Foreclosure Charges Type Of Loan Disbursement Stage Charges Applicable
a. Business Loan
b. Property Term Loan
c. Plant& Machinery Loan
d. Medical Equipment Loan
Within 6 months of agreement date No Foreclosure allowed
7-24 months of agreement date 5% + Applicable GST
25-36 months of agreement date 3% +Applicable GST
After 36 months of agreement date 2% +Applicable GST
8 Cheque /ECS bounce charges `500/- + Applicable GSTper instance
9 Bank Charges on Cheque/ECS Bounce At actuals
10 Cash collection charges 1% of collection amount for `50,000 & above in cash + Applicable GST
11 Overdue Charges on default instalment(EMI/Pre- EMI) 18 % Per annum on the outstanding dues
12 Demand Draft/Pay Order issuance charges `150/- per lac or actual bank charges, whichever is higher + Applicable GST
13 ECS/ Cheque swapping charges `250/-per swap + Applicable GST
14 Collection pickup charges `250/- per visit +Applicable GST
15 Conversion charges 0.5% of principal outstanding
Conversion scheme can be availed only after 1 year from the date of disbursement
16 Legal Charges Legal charges as applicable on case to case basis
17 Non-encumbrance certificate At actuals
18 Legal/ repossession and incidental charges At actuals
19 Stamp duty/ Franking charges As per applicable law/charges of the relevant property state
20 Duplicate No Dues Certificate `250/- + Applicable GST
21 Copy of property documents `500/- + Applicable GST
22 Statement of account/ provisional IT certificates `No Charges once in a Financial Year
Subsequently: `250/- per statement +Applicable GST
23 Custodial Fee for property documents in closed loans `500/- per month (post 60 Days from Loan Closure Date) +Applicable GST
24 Document retrieval charges on closure of loan `1,000/- for loans upto `10 Lac + Applicable GST
`2,000/- for loans above `10 Lac + Applicable GST
25 Foreclosure statement charges `500/- + Applicable GST

As an entrepreneur, you will always wish that your business grows and flourishes. In order to achieve this, it is important that you make smart financial decisions. Availing an SME Loan at a competitive interest rate will definitely help bridge working capital gaps and shortening receivables cycles.

It is always smarter for small and medium businesses to avail a loan for financial support rather than using own funds. Opt for an SME Loan that offers the lowest interest rates to enable your business to grow and sustain.

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