The fees for registration are prescribed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Central Registry) Rules, 2011.
Following is the table of fees prescribed under this Rules.
|Serial Number||Nature of transaction to be Registered||FORM No.||Amount of fee payable|
|1.||Particulars of creation or modification of Security Interest in favour of secured creditors||FORM I||Rs.500 for creation and for any subsequent modification of Security interest in favour of a secured creditor for a loan above Rs.5 lakh. For a loan below Rs.5 lakh, the fee would be Rs.250 for both creation and modification of security interest.|
|2.||Satisfaction of any existing Security Interest||FORM II||Rs.250|
|3.||Particulars of securitisation or reconstruction of financial assets||FORM III||Rs.1000|
|4.||Particulars of satisfaction of securitisation or reconstruction transactions||FORM IV||Rs.250|
|5.||Any application for information recorded / maintained in the Register by any person||---||Rs.50|
|6.||Any application for condonation of delay up to 30 days||---||Rs.2500 in case of creation of security interest for a loan up to Rs.5 lakh and Rs.5000 in all other cases.|