What are the Shadhin Fees & Charges?*

• Payment Gateway Fees:
  • Flat Fees charged to the Investee when returning funds (making monthly payments) to the Investor
  • Generally, 2.5% of the Total Amount of the Transaction
  • Charged against every payment made by Investee
  • This fee is completely charged by our Payment Gateway Provider: SSL Commerce
• Shadhin App Fees (One time)
  • One-time fees charged by Shadhin App for all the services provided to the Investee
  • One Time Flat Fee: 3%
  • Charged before disbursing the funding to the Investee, i.e. the final amount received by Investee is the amount deducted from Funding Request
• Shadhin Community Fee for Investors:
  • Flat Fee that is provided to the Investor as a return for being a part of the Shadhin Community and providing funding to potential Investee
  • Flat Fee: 2.5%
  • Investee pays the flat fee on the Total Funding Amount, through the term of the funding (e.g. if Funding is 20,000 for a 2-month term, the flat fee would be 500 in Month 1 and 500 in Month 2)
• Late / Recovery Fee:
  • If investee delays in paying his monthly funding amount by 30 days, he will be charged a late / recovery fee on the “Funding Amount” that was owed for that period for which he was late
  • The amount of late fee is 2% per month for the Funding amount
  • The late fee will continue to be incurred over the duration of the period it is late
  • The late fee will be charged only on the delayed principal amount of EMI.

*Shadhin has the right to change any fees and charges.