Key Fact Statement (KFS) Generator
Generate standardized, RBI-compliant Key Fact Statements for loan sanctions and disbursements. All processing fees and statutory charges are calculated automatically.
1. Branch & Borrower Information
Select from authorized PSCB branches and specify borrower & guarantor names.
2. Financial Parameters & Sanction Terms
Principal, Annual ROI, Tenure, Interest Type and Commencement Schedule.
In Words: Five Lakh Rupees Only
Leave blank or 0 if repayment commences immediately without capitalized interest periods.
Mandatory check as per bank circular. Automatically calculated as:MIN(MAX(Principal × 0.005, 500), 5000) with 18% GST.
KFS Key Fact Computations
Calculated in real-time according to regulatory standards.
(Sanctioned Principal minus Upfront Processing Fee & GST)
Amortization schedule (Point No. 9) is removed and subsequent clauses are strictly renumbered (Points 9 through 16) for streamlined branch execution.
The Punjab State Cooperative Bank Ltd.
(Apex Bank of Punjab | State Cooperative Banking System | Head Office: Sector 17-B, Chandigarh)
Standardized Disclosure Statement in Compliance with Reserve Bank of India (RBI) Regulatory Directives
| Sr. | Parameter / Key Fact | Agreed Terms & Value |
|---|---|---|
| 1 | Loan Proposal / Sanction Reference | PSCB/KFS/BO-08/2026/4821 dated 28/09/2026 |
| 2 | Name of Borrower | — |
| 3 | Name of Guarantor(s) | Guarantor 1: — |
| 4 | Sanctioned Loan Amount (Principal) | ₹ 5,00,000 (Five Lakh Rupees Only) |
| 5 | Loan Term / Tenure | 60 Months (5.0 Years) |
| 6 | Repayment Frequency & Instalment (EMI) | Monthly EMI of ₹ 10,501/ month |
| 7 | Commencement of Repayment | October 2026 |
| 8 | Annual Rate of Interest (ROI) & Type | 9.50% p.a. (Reducing Balance) |
| 9 | Upfront Fees & Taxes (Processing Fee & Applicable GST) | Fee: ₹ 2,500 (0.50% subject to min ₹ 500, max ₹ 5,000) GST: ₹ 450 (18% Goods & Services Tax) Total Upfront Deductions: ₹ 2,950 |
| 10 | Net Disbursed Amount | ₹ 4,97,050 (Principal minus upfront processing fee & applicable GST) |
| 11 | Total Amount to be Paid by Borrower | ₹ 6,30,060 (Principal: ₹ 5,00,000 + Total Interest: ₹ 1,30,060) |
| 12 | Annual Percentage Rate (APR) | 9.62% p.a.(All-inclusive annual cost of credit) |
| Sr. | Clause / Regulatory Requirement | Stipulation & Terms & Conditions |
|---|---|---|
| 13 | Contingent Charges & Penalty for Default | • Penal interest @ 2.00% p.a. over and above applicable ROI on overdue instalments for delayed period. • Cheque / NACH / ECS return charges: ₹ 250/- plus GST per instance. • Incidental inspection / documentation charges: At actuals as per sanctioned bank policy. |
| 14 | Foreclosure & Prepayment Terms | • Floating Rate retail loans to individual borrowers: NIL foreclosure / prepayment penalties as per RBI Master Directives. • Fixed Rate loans: As per current sanctioned loan agreement and bank policy circular. |
| 15 | Cooling-Off / Look-Up Period | A cooling-off period of 3 banking working days from the date of agreement execution is available to the borrower to exit the loan without any prepayment charges by refunding the disbursed principal along with proportionate interest. |
| 16 | Grievance Redressal & Escalation | • Principal Nodal Officer, The Punjab State Cooperative Bank Ltd., Head Office, SCO 17-18, Sector 17-B, Chandigarh. Email: ho.complaints@pscb.internal | Contact: 0172-2702341 • Escalation: RBI Integrated Ombudsman Scheme (https://cms.rbi.org.in). |
Undertaking & Acknowledgment by Borrower & Guarantor(s)
I/We hereby acknowledge receipt of this Key Fact Statement (KFS) prior to loan agreement execution. The contents, terms, interest calculation, fees, APR, and repayment obligations have been explained to me/us in the language understood by me/us, and I/we agree to the same. Final disbursement is subject to completion of bank security documents, title verification, and sanctioned credit conditions.