Any payment made by you will be adjusted as per below hierarchy. In every case i.e. payment and early or prepayment etc. the applicable Service Fee has to be paid in full.

  1. Approval Fee (deducted at time of disbursement)
  2. Late Payment Fee (if in overdue status)
  3. Overdue Interest (if in overdue status)
  4. Extension Fee (if extension availed)
  5. Service Fee
  6. Interest
  7. Principal
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