Recovery Fee tabhi apply hoti hai jab 90+ days overdue loan se successfully recovery hoti hai.
Recovered amount ka 25% third-party recovery partners ko diya jata hai jo collection/recovery process handle karte hain. Iske alawa loan amount aur overdue duration ke basis par slab-based Recovery Fee bhi applicable ho sakti hai.
Applicable fees sirf recovered amount se deduct ki jaati hain. Agar recovery nahi hoti, toh Recovery Fee charge nahi hoti. Yani, lenders se aisa fee amount separately charge nahi kiya jata jo recover nahi hua ho.