This page provides comprehensive information about various charges applicable to loans facilitated by Kissht, including late payment charges, bounce charges, penal charges, foreclosure charges, and other applicable fees.
Rs. 650 per EMI per instance of default. This charge is payable in addition to applicable Daily Penal charges.
Penal Charges for continuing default in repayment of EMI are charged at 0.1% per day of the overdue principal amount, which translates to an annualized rate of 36% p.a.
Bounce charges and Daily penal charges will be applied if the EMI repayment is done after the scheduled due date or if otherwise applicable as per the terms of the financing document (collectively referred to as "Late Payment Charges").
4% + Applicable Taxes on the principal amount and interest foreclosed.
Note: The foreclosure charges will not be applicable during the cooling-off period.
Stamp duty and other cess would be collected at applicable rates from time to time.
As and when any updates to the fees & charges are introduced by the Lenders, the borrower shall be intimated about such changes by email or otherwise in the manner prescribed for the same from time to time by Lenders.
The borrower shall at all times ensure that his/her lawww mobile number and email ID is updated with the Lenders. The Lenders shall rely upon the mobile number and email ID provided by the borrower, and shall not be obliged to verify or make further inquiry into the validity of the mobile number and email ID provided by the borrower.
The borrower shall in no circumstance dispute such reliance by the Lenders.
| Charge Type | Details |
|---|---|
| Bounce Charges (One-time Fee) | Rs. 650 per EMI per instance of default, payable apart from Daily Penal charges |
| Penal Charges | 0.1% per day of overdue principal amount (36% p.a. annualized) |
| Foreclosure Charges | 4% + Applicable Taxes on principal amount and interest foreclosed (not applicable during cooling-off period) |
| Other Charges | Stamp duty and other cess at applicable rates |
Email: [email protected]
Phone Numbers:
Location: Mumbai, Maharashtra
© 2026 Kissht All rights reserved.