Transparent Pricing
Pricing & Plans
All charges are disclosed upfront before loan disbursal. You will receive a complete fee schedule in your Loan Agreement. Vijay Finance does not levy any undisclosed charges.
1. Loan Fee Structure
| Fee Type | Rate | When Charged |
|---|---|---|
| Processing Fee | 1% – 3% of loan amount | At loan disbursal |
| Interest Rate | As per Loan Agreement | Monthly on outstanding principal |
| Late Payment Charge | As per Loan Agreement | On missed EMI due date |
| NACH / Cheque Bounce | ₹500 per bounce | On failed auto-debit |
| Prepayment / Foreclosure | As per Loan Agreement (may be NIL) | On prepayment request |
| Duplicate Statement / NOC | ₹100 per request | On request |
2. Platform Subscription (Optional)
Borrowers may optionally subscribe to premium loan management features on a monthly recurring basis:
| Plan | Price | Features |
|---|---|---|
| Basic | Free | Loan dashboard, EMI schedule, payment history |
| Standard | ₹99 / month | Priority support, digital NOC, instant statements, payment reminders |
| Premium | ₹199 / month | All Standard features + dedicated relationship manager, credit improvement tips |
Subscriptions are billed monthly via auto-debit (UPI AutoPay / e-Mandate). Cancel anytime — see Refund & Cancellation Policy for details.
3. Payment Methods Accepted
- UPI (GPay, PhonePe, Paytm, BHIM)
- Net Banking
- Debit / Credit Card
- NACH / e-Mandate (for EMI auto-debit)
- UPI AutoPay
All payments are securely processed by Cashfree Payments, a PCI DSS Level 1 certified payment gateway.
4. GST Applicability
GST is applicable on processing fees and subscription charges as per prevailing government rates. The GST amount will be clearly shown at checkout before you confirm payment.