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Interest Rates and Service Charges

In terms of RBI Master Direction and further as approved by Board of Directors of Srei Equipment Finance Limited penal charges will be levied on delayed repayments of instalments and the same shall not exceed 24% p.a. Further, there shall be no compounding of penal charges and no further overdue charges or any other charges in any form towards default amount will be charged.

This shall be effective on and from 1st July, 2024 for existing portfolio.