Nature of charges

APPLICABLE CHARGES

Appraisal charges by AIC

A.      For Our Bank Clients

1 Project Formulation/ Vetting

(i)Term loan proposals other than Food and Agro Processing Units AIC will charge only out of pocket Expenses (OPE) /Incidental expenses , which shall be collected by the Branch and remitted to PC Wing, Bengaluru on DP Code 0025.

If AIC appraisal report is issued to the Customer the following chagres to be collected.

 Project cost up to Rs. 500 Lakhs – Rs. 5000/- + applic GST                    

Project cost above Rs. 500 Lakhs- Rs.10000/- + applic GST

Project Cost

Schedule of Fees

Rs. 1 Crore and above upto Rs. 10Crores

0.10% of the project cost with minimum of  Rs.50000/-

Above Rs. 10 Crores and Up to Rs. 50 Crores

0.075% of the project cost with minimum of Rs. 2 Lacs

Above Rs. 50 Crores and up to Rs. 500 Crores

0.05% of the project cost with minimum of Rs. 5 Lakhs

Above Rs. 500 Crore

0.025% of the project cost with minimum of Rs. 25 Lacs

Project Cost

Schedule of Fees

Rs. 1 Crore & above and up to Rs. 10 Crores

0.30% of the project cost with minimum of Rs. 1 lakh

Above Rs. 10 Crore and Up to Rs. 50 Crores

0.20% of the project cost with minimum of Rs. 5.0 Lakhs

Above Rs. 50 Crores and up to Rs. 500 Crores

0.15% of the project cost with minimum of Rs. 10 Lakhs

Above Rs. 500 Crores

0.10% of the project cost with minimum of Rs. 75 Lakhs

Category

Service Charges

Project outlay above Rs. 100 lakhs and up to Rs. 1000 lakhs

0.25% of the project outlay with a minimum of Rs. 50,000/-

Project outlay above Rs. 1000 lakhs

0.25% on the first Rs. 1000 Lakhs and 0.125% on the incremental outlay above Rs. 1000 Lakhs

Project Formulation

Outlay

Service Charges

Up to Rs. 500 Lakhs

0.40% of outlay with a minimum of Rs. 5000/-

Above Rs. 500 Lakhs

Rs. 2.0 Lakhs + 0.15% of the balance outlay over and above Rs. 500 Lakhs