IU Services and Fee Structure
with effect from 26th March  2019

I.  For Loans/Advances by Financial Creditors
Loans/Advancesgiven by Financial Creditors to :-
  a) Submission  Service Type Companies Other commercial entities Individuals# Remarks
i) Data Submission
Per Loan record of a borrower for each year
1st Loan Record — Rs.300/-
2-10 Loan record — Rs.100/- each
11th onwards — Rs.50/- each
1st Loan Record — Rs.150/-
2nd onwards — Rs.50/- each
 Rs.25/- for each loan.(With effect from 1st October 2019, the charges will be Rs.50 /- each loan) To be paid by submitter
ii) Document Submission
for each year
Rs.12/- per MB Rs.12/- per MB Rs.12/- per MB To be paid by submitter
iii) Default Submission Free Free Rs.25/- To be paid by submitter
 
 b) Reports  i)  One Annual Statement Free Free Free
ii) Record of Default Free Free Free
iii) Other Reports Free Rs.50/- per report Rs.25/- per report To be paid by Submitter
c) User
   Management
Modification of number of Users Free Free upto 2 Users
Rs.25/- for each additional User
Single user@  To be paid by user
Modification in User Profile Details Free Free Rs.25/- for up-dation To be paid by user

 

II. Home Buyer / Property Buyer as Financial creditor
  Service Type Fee details Remarks
a) Data Submission Per Home Loan record of a borrower for each year Rs.300/- To be paid by submitter
b) Document  Submission Uploading of documents for each year Rs.12/- per MB and part thereof. To be paid by submitter
c) Reports Record of Default Free
Other Reports Free

Note   

  1. GST and other taxes as applicable will be levied over and above the fee indicated, which will be charged upon submission
  2. Classification: What is a Company/Other Commercial entity/ Individual?
    1. Company is defined as entity incorporated under Companies Act or any regulated financial creditor for purpose of Registration
    2. Other Commercial entity covers partnership, proprietorship, a society, a trust, club, Association of Persons or borrowing categorized for business purpose
    3. Individuals are persons that borrow for individual need of housing, vehicle, personal, educational or other loans to individuals.

    For the purpose of chargeability of fee for Financial Creditor Service, borrower classification as per PAN of the primary borrower will apply.

  3. The meaning of “Year”:
    1. “Year” means anniversary period from the date of submission of each loan record identified by a unique debt identifier (UDI).
      For example, if a loan record of a borrower is submitted on 15th of June, 2018, the fee charged for submission will cover each year period upto 14th June, 2019. Second year fee will apply from 15th June, 2019 and so on.
    2. Document charges will follow the same year definition that applies to its corresponding loan record which has been uploaded.
  4. This fee structure is not applicable to Loans and advances by Micro Finance Institutions for whom the fee structure will be published separately
  5.  @In case of loans/advances granted to Joint Borrowers (Individuals), each joint borrower will be permitted a single User Registration, free of charge.
  6. Financial Creditor includes (Property buyer/Home buyer) allottee in a Real Estate Project as defined in Explanation to Section 5 (8) (f) of IBC, 2016.
  7. If Digital Signature for Authentication is done using E-Sign facility provided to NeSL-IU by ESPs then any increase in charges levied by ESPs will be passed on to the Submitter/s.
III. Operational Creditor Services
  Service Type Fee details Remarks
a) Submission Data/Information submission in Form-C Documents Submission Rs.200 per submission, First 2 MB Free, thereafter Rs.30/- per every additional MB 
(From -1st July 2019, the fee will be Rs.30/- per MB)
To be paid by submitter
  Document means — Purchase Or Service Order, Demand Notice, Invoice, Lorry Receipt, Transport Receipt, GRN, Debit Note, Delivery Receipt etc., and any other support document
b) Reports i) One Annual Statement Free
  ii) Record of Default Free
  iii) Other Reports Free

GST and other taxes as applicable will be levied over and above the fee indicated, which will be charged upon submission.

IV. Insolvency Professional Services
  Service Type Fee details Remarks
a) Submission Uploading of documents Rs.12/- per MB and part thereof.The fee will be chargedupon submission. To be paid by submitter
b) Reports Record of Default Free
Other Reports Free

GST and other taxes as applicable will be levied over and above the fee indicated, which will be charged upon submission.