Post the due date, you will be charged at 0.1% as interest per day, on the principal amount*. Apart from the
daily interest, you will have to pay a norminal one time late fee as per the slab below:
| PRINCIPAL AMOUNT | ONE TIME LATE FEE |
|---|---|
| Less than 249 | Nil |
| INR 250 - 999 | INR 75 |
| 1000 - 2499 | 150 |
| 2500 - 4999 | 300 |
| 5000 - 9999 | 400 |
| 10000 - 24999 | 500 |
| MORE THAN 25000 | 600 |
| principal amount: The total money used from the credit available |