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Service Charges - Ford Credit | Ford India

APPLICATION CRITERIA

SERVICE CHARGES

SERVICE CHARGES

The fees and charges applicable on Ford Credit India's new car loan are provided in the below table.

The fees and charges applicable on Ford Credit India's new car loan are provided in the below table.

Charge Category

Amount in INR

Loan Processing fee [includes Stamp Duty and Documentation Charges]

Up to 5 lakhs = Rs. 1500 + Service Tax

 

Up to 10 lakhs = Rs. 2000 + Service Tax

 

Above 10 lakhs = Rs. 2500 + Service Tax

Additional / Default Interest

3% per month on principal portion of the overdue EMI

Prepayment /Pre closure Charges

Before 1 year = 5%

 

After 1 year = 3%

Cheque Return Charge

Rs. 500

Cheque/ACH Swapping Charge

Rs. 500

Issuance of Duplicate NOC

Rs. 500

Amortization Schedule/Statement of account Charges

Rs. 250 for hard copies and NIL for soft copies

Special NOC to RTO

Rs. 500

Commercial / Personal Use NOC

Rs. 1500

Legal, Repossession & Incidental charges

At Actuals

Note:

1. All fees and charges are subject to Service Tax as applicable.

2. The fees or charges given in above table are subject to change and the one recorded in agreement will be binding over this site.

Note:

1. All fees and charges are subject to Service Tax as applicable.

2. The fees or charges given in above table are subject to change and the one recorded in agreement will be binding over this site.

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