TABLE OF COMPANY’S CHARGES FOR SERVICES
SERVICES |
COMMISSION (%) |
OTHER FEES & CHARGES |
|
1 |
Normal Debt Collection (Tsh. 10,000.00 – 100,000,000.00) |
10% |
Professional fees |
2 |
Normal Debt Collection (Tsh. 100,000,000.00 and above) |
7% |
Professional fees |
3 |
Auctioneering of mortgaged properties (Tsh. 10,000.00 – 100,000,000.00 |
12% |
Professional fees and advertising |
4 |
Auctioneering of mortgaged properties (Tsh. 100,000,000 and above) |
7% |
Professional fees and advertising |
5 |
Repossession of vehicles and machinery (Below 10 tones) |
NIL |
Search fees and towing charges per km(Subject to negotiation) |
6 |
Repossession of vehicles and machinery (Above 10 tones) |
NIL |
Search fees and towing charges per km (Subject to negotiation) |
7 |
Auctioneering of repossessed vehicles and other items |
10% |
Storage charges per day (To be deducted from auction proceeds) |