DSP Finance

Lender Details

Products

Overdraft (OD) facility on mutual funds (LAMF)

Borrower Age Eligibility

18 to 70 (digital)

Lender Fees & Charges

Minimum Loan Amount

10,000

Maximum Loan Amount

5 cr (digitally), Above 5cr (physical)

Tenure

3 years

Charges on Default (Interest or Principal)

₹500 + 18% GST

Penal Charges

Overdue Amount (Interest due)	Daily Penal Charge
Upto ₹25K	₹10
₹25K – ₹50K	₹25
₹50K – ₹1L	₹50
₹1L – ₹2.5L	₹100
₹2.5L – ₹5L	₹250
₹5L – ₹10L	₹500
₹10L – ₹25L	₹1,000
₹25L – ₹50L	₹2,500
₹50L – ₹1Cr	₹5,000
₹1Cr+	₹10,000

Foreclosure Charges

Nil

Legal Charges

As applicable

Security Sell-off Charges

0.25% of proceeds received + 18% GST

Bank Mandate Swap Charges

₹499 + GST

Renewal Charges

₹1,499 + 18% GST

Additional Security Pledging Charges

₹499 + GST

Security Unpledging Charges

Nil