Indiana Administrative Code › Title 750 - DEPARTMENT OF FINANCIAL INSTITUTIONS › Article 10 - FEES AND CIVIL PENALTIES › Rule 1 - Fee Schedules for Financial Institutions Required to be Licensed, Chartered, or Registered with the Indiana Department of Financial Institutions Under IC 24 and IC 28 › Section 1-11 - Fee schedules for consumer credit institutions

Current through July 10, 2024
Authority: IC 24-4.4-3-103; IC 24-4.5-6-104; IC 24-7-7-1; IC
				  24-12-10-1; IC 28-1-29-2; IC 28-8-4.1-401; IC 28-11-1-12
Affected: IC 24-4.4; IC 24-4.5; IC 24-5; IC 24-7; IC 24-12;
				  IC 28-1; IC 28-7; IC 28-8; IC 28-11-3-5
Sec. 11.
(a) Under IC
				28-11-3-5, the schedule of fees for services rendered and the duties performed
				by the department in the administration of financial institutions for the
				entities below is as follows:
Entity Type
Fee Type
Amount of Fee
Due Date
Check Cashing License
Application Fee
$1,000
Time of application
Renewal Fee
$500 + $250 per each additional location, $2,000
							 maximum
December 31 each year
Renewal Late Fee
$20 per day
Upon submission of renewal
Hourly Exam Fee
$80 per hour
Upon completion of exam
Late Exam Fee
$20 per day
Civil Proceeding Advance Payment Provider
							 License
Application Fee
$1,000
Upon submission of application
Renewal Fee
$1,000
December 31 each year
Renewal Late Fee
$20 per day
Upon submission of renewal
Hourly Exam Fee
$80 per hour
Upon completion of exam
Late Exam Fee
$20 per day
Debt Management License
Application Fee
$1,000
Upon submission of application
Renewal Fee
$1,000
December 31 each year
Renewal Late Fee
$20 per day
Upon submission of renewal
Hourly Exam Fee
$80 per hour
Upon completion of exam
Late Exam Fee
$20 per day
Creditor's Notification Return for
							 Depository Institutions
Application Fee
N/A
N/A
Renewal Fee
Volume fee due at $2/$100,000
January 31 each year
Renewal Late Fee
N/A
N/A
Hourly Exam Fee
N/A
N/A
Hoosier Traditional Mortgage
Certification Fee
$50
Due upon submission of certificate
Recertification Fee
$50
July 1 each year
Consumer Loan License
Application
$1,000
Upon submission of application
Renewal Fee
The greater of $1,000 or volume fee of $2/$100,000
December 31 each year
Renewal Late Fee
$20 per day
Upon submission of renewal
Hourly Exam Fee
$80 per hour
Upon completion of exam
Late Exam Fee
$20 per day
Money Transmitter License
Application Fee
$1,000
Upon submission of application
Renewal Fee
$1,000
December 31 each year
Renewal Late Fee
$20 per day
Upon submission of renewal
Hourly Exam Fee
$80 per hour
Upon completion of exam
Late Exam Fee
$20 per day
Mortgage Lending License
Application
$1,000
Upon submission of application
Renewal Fee
$1,000
December 31 each year
Renewal Late Fee
$20 per day
Upon submission of renewal
Hourly Exam Fee
$80 per hour
Upon completion of exam
Late Exam Fee
$20 per day
Mortgage Loan Originator License
Application Fee
$100
Upon submission of application
Renewal Fee
$100
December 31 each year
Hourly Exam Fee
$80 per hour
Non-Lender Registration (Credit
							 Sellers/Lessors) (Notice of Intent Ã¯¿½ State Form
							 83)
Notification Fee
N/A
Renewal Fee
Volume fee due at $2/$100,000
January 31 each year
Renewal Late Fee
N/A
Hourly Exam Fee
$80 per hour
Upon completion of exam
Late Exam Fee
$20 per day
Pawnbroker License
Application Fee
$1,000 + $500 for each additional location
Upon submission of application
Renewal Fee
$1,000 + $500 for each additional location
December 31 each year
Late Renewal Fee
$20 per day
Upon submission of renewal
Hourly Exam Fee
$80 per hour
Upon completion of exam
Late Exam Fee
$20 per day
Rental Purchase Registration
Notification Fee
$500
Renewal Fee
$500 + $250 for each additional location, not to
							 exceed $10,000
January 31 each year
Renewal Late Fee
$20 per day
Upon submission of renewal
Hourly Exam Fee
$80 per hour
Upon completion of exam
Late Exam Fee
$20 per day
Small Loan License
Application Fee
$2,000 + $750 per each additional location
Upon submission of application
Renewal Fee
$2,000 + $750 per each additional location
December 31 each year
Renewal Late Fee
$20 per day
Upon submission of renewal
Hourly Exam Fee
$80 per hour
Upon completion of exam
Late Exam Fee
$20 per day
(b)
				If the license and renewal fees under subsection (a) are paid, an exam fee may
				be offset, with the first one thousand two hundred dollars ($1,200) of the exam
				fee waived, plus an additional six hundred dollars ($600) of the exam fee
				waived for each additional location examined.
(c) If the total amount owed for the volume
				fee under this section is one hundred dollars ($100) or less, the volume fee is
				waived.
(d) The mortgage lending
				license application fee is waived if an applicant's mortgage loan originators
				are exempt from licensure under
				750 IAC
				9-3-1(h)(2)(i).