The fees and charges applicable on Ford Credit India's new car loan are provided in the below table.

Charge Category

Amount in INR

Loan Processing fee [includes Stamp Duty and Documentation Charges]

Max. Rs. 6,500 + GST

Additional / Default Interest

3% per month on principal portion of the overdue EMI

Prepayment / Pre closure Charges

3% at any time of the loan tenure + GST

Cheque Return Charge

Rs. 500

Cheque / ACH Swapping Charge

Rs. 500

Issuance of Duplicate NOC

Rs. 500

Amortization Schedule / Statement of account Charges

Rs. 250 for hard copies and NIL for soft copies

Special NOC to RTO

Rs. 500

Commercial / Personal Use NOC

Rs. 1500

Legal, Repossession & Incidental charges

At Actuals


1. All fees and charges are subject to GST as applicable.

2. The fees or charges given in above table are subject to change and the one recorded in agreement will be binding over this site.