Common use of Pre- Payment Charges Clause in Contracts

Pre- Payment Charges. If the borrower has availed the loan on Fixed Rate of Interest, the Borrower agrees to pay Prepayment Charges in the event of prepayment of the loan, either partly or fully at the rates mentioned below or at such other rates as may be fixed by the Bank from time to time:

Appears in 3 contracts

Samples: Agreement, Personal Loan Agreement, Personal Loan Agreement

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Pre- Payment Charges. If the borrower has availed the loan on Fixed Rate of Interest, the Borrower agrees to pay Prepayment Charges in the event of prepayment of the loan, either partly or fully at the rates mentioned below in Schedule II (g) or at such other rates as may be fixed by the Bank from time to time:

Appears in 1 contract

Samples: General Terms and Conditions

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