9.1

Commercial Agriculture and Livestock Loan


9.1.1

Commitment Fee

Nil

9.1.2

Administrative Fee (New/Renewal)

Nil

9.2

Corporate Loan and Priority Sector Lending


9.2.1

Commitment Fee (Term Finance)

0.5% p. q. if average utilization of the approved limit is less than 70%

9.2.2

Commitment Fee (Working Capital Finance) (Group Limit above NPR 200 Million)

0.5% p. q. if average utilization of the approved limit is less than 70%


Commitment Fee (Working Capital Finance) (Group Limitup to NPR 200 Million

0.5% p. q. if average utilization of the approved limit is less than 70%

9.2.3

Prepayment Fee (Term Finance Approved Above 50 Lacs)

Nil in case of partial settlement and Flat 3% in case of Full Settlement

9.2.4

Prepayment Fee (Term Finance approved up to NPR 50 lacs)

Nil






9.2.5

Administrative Fee- Priority Sector

New

0.50%

Renewal

0.25% of the approved limits

Ad-hoc Fee

0.5%

Administrative Fee- Other than Priority Sector

New

2%

Renewal

2% of the approved limits

Ad-hoc Fee

2%

In case of 9.2.3 and 9.2.4 Prepayment Fee (Term Finance), if customer repays the loan on account of change(s) in initial terms/interest rate, prepayment charges are to be waived by obtaining approval from the respective unit/ business heads or his/her delegate

In case of 9.2.3, in case of consortium loan, as per consortium decision.


9.3

Deprived Sector Lending








9.3.1








Lending Fees

Commitment Fee

0.5% p. q. if average utilization of the approved limit is

less than 70%

Pre-Payment Fee* (Approved Loan Amount above NPR 50 lacs)

Nil in case of partial repayment and Flat 3% in case of Full Settlement

Pre-Payment                              Fee* (Approved Loan Amount up to NPR 50 lacs)

Nil



Administrative Fee


Indirect

New

2%

Renewal

2%



Direct

New

2%

Renewal

2%

*Note:In case of Prepayment Fee, if customer repays the loan on account of change(s) in initial terms/interest rate, prepayment charges are to be waived by obtaining approval from the respective unit/ business heads or his/her delegate.


9.4

SME

9.4.1

Administrative Fee (New)

2%


9.4.2


Administrative Fee (Renewal)

2%


9.4.3


Ad-hoc Fee

2%

9.4.4


Administrative fee: 100% Cash Backed Facilities

Limits up to NPR 1M : NPR 1,000 /-

Limits above NPR1M : NPR 2,000 /-




9.4.5

Commitment Fee (Working Capital Finance) (Above NPR 10 millions)

0.5% p.q. if average utilization of the approved limit is less than 70%

Commitment Fee (Working Capital Finance) (up to NPR 10 millions)

0.5% p.q. if average utilization of the approved limit is less than 70%

Commitment Fee (Term Finance)

0.5% p. q. if average utilization of the approved limit is less than 70%




9.4.6

Prepayment Fee* (Term Finance approved above NPR 50 lacs)

Nil in case of partial settlement and Flat 3% in case of Full Settlement

Prepayment Fee* (Term Finance approved up to NPR 50 lacs)

Nil

9.4.7

SWAP Fees

2% flat on loan outstanding

In case of 9.4.6 Prepayment Fee (Term Finance approved above NPR 50 lacs), if customer repays the loan on account of change(s) in initial terms/ interest rate, prepayment charges are to be waived by obtaining approval from the respective unit/business heads or his/her delegate.


9.4.1

SME-Priority Sector Lending


9.4.1.1


Administrative Fee-Priority Sector

New

0.5%

Renewal

0.25% of the approved limits


9.4.2

SME- Non Funded (Only for BG)

9.4.2.1

Administrative Fee for Bank Guarantee (New/Renewal)

0.25% of approved limit

 

9.5

Retail Loan





9.5.1

Prepayment Fee (Term Finance approved above NPR 50 lacs )

Nil as incase of Premium Retail Segment and Chmatkarik Ghar Suvida Karja and Sawari Karja.

3% prepayment charges to be levied for partial or full settlement for Normal Retail Segment

Prepayment Fee (Term Finance approved up to NPR 50 lacs )

Nil

9.5.2

Commitment Fee (Revolving Nature)

0.5% p.q. if average utilization of the approved limit is less than 70%

9.5.3

Commitment Fee (Term Loan Nature)

0.5% p.q. if average utilization of the approved limit is less than 70%

9.5.4

Administrative Fee (New)

2%

9.5.5

Administrative Fee (Renewal)

2%

9.5.6

Administrative Fee Limits against 100%Cash Margin/Cash Deposits/Fixed Deposit with NIC ASIA Bank

NPR 1,000 /- for credit up to NPR 1 M or as per approved terms.

NPR 2,000 /- for credit above NPR 1 M or as per approved terms.

9.5.7

Insurance of Pledged Gold

Nil

9.5.8

Partial Settlement of Gold Loan

Nil

9.5.9

SWAP Fees

2% Flat on Loan Outstanding

All fees and charges under 9.5.4, 9.5.5 shall be applicable on all Consumer Banking facilities irrespective of Customer Segment (Corporate Banking, SME, etc.)

In case of 9.5.1 Prepayment Fee (Term Finance approved above NPR 50 lacs), if customer repays the loan on account of change(s) in initial terms/ interest rate, prepayment charges are to be waived by obtaining approval from the respective unit/business heads or his/her delegate.

*If any customer availing overdraft facility partially settle loan and again request for enhancement of loan up to the limit approved previously, admin fee need not to be collected.

9.6

Extension Charge /Pricing

9.6.1

For Normal Extension

Additional 0.25% to existing pricing till extended period

9.6.2

For Review Extension other than Nomal

Additional 0.50% to existing pricing till extended period

9.7

Penal Interest

For all types of funded loan:

An additional 2% p.a. on principal and/or interest becomes overdue/default on loan amount or deal or contract outstanding from the day interest and/or principal becomes overdue/Default on the respective loan amount or deal or contract.

i) Default/Overdue means:

Equated installment or part thereof overdue for equated installment loan.

Interest and/or principal overdue for other loans.

Interest and/or principal overdue for Gold Loan

Limit expiry/Review expiry in case of overdraft facilities.

ii) In case of temporary overdrawn account, highest published rate for the amount excess to the limit.