19 March 2025
TDS implications for the Services to be provided by the various partners.
1. Nature of Services covered: -Collection agency services. Fees: - Fixed % of collection fees on principal monthly outstanding.
2. Nature of Services covered: - a) Completion of pre & Post sanction Documentation of the Customers. b) Facilitating personal discussion (‘’ PD’’) and onboarding the Customers. c) Identification of vendor/supplier/customers of Partner for the purpose of providing of products by the Company. d) Limit of loan approval and completion of post sanction documentation for Customers. e) Tracking of Limit of loan utilization by the Customers. f) All the ancillary services which are related to performance of services by the partner.
Nature of Fees Basis Service Fees End Customer rate less hurdle retained by company. Such service fee plus applicable GST will be paid on receipt basis only i.e. based on actual collection amount received for that particular period of time say, every month basis invoice raised. Processing Fees To be retained by the partner. (Processing fees plus Applicable Taxes) Bounce Charges Retained by Partner Penal Charges Retained by Partner