| Description of charges |
Amount (Rs.) |
| Processing Fee Charges |
Up to 1% of the Loan amount subject to minimum of Rs. 10,000 |
| Penal Interest Rate |
@24 % per annum, 2% per month |
| Switching Fees (Base Rate/BPLR to MCLR)# |
- When effective rate is to be kept the same - No fees
- When effective rate is to be revised - 0.5% on outstanding principal with minimum of Rs. 10,000
|
| Switching Fees (Floating Rate to Fixed Rate) |
NA |
| Switching Fees (Fixed Rate to Floating Rate) |
NA |
| Switching Fees (Higher Floating Rate to Lower Floating Rate) |
NA |
| Switching Fees (Higher Floating Rate to Lower Floating Rate) |
0.5% on outstanding principal with minimum of Rs. 10,000. The lower rate will be equal to the applicable carded interest rate only |
| Repayment Instruction/Cheque Return Charges |
Rs. 500 per instance |
| Cheque/Instrument Swap Charges |
Rs. 500 per instance |
| Duplicate Statement Issuance Charges |
Rs. 250 per instance |
| Duplicate Amortization Schedule Issuance Charges |
Rs. 250 per instance |
| Duplicate Interest Certificate (Provisional/Actual) Issuance Charges |
Rs. 250 per instance |
| Issuance Charges of Credit Report |
Rs. 50 per instance |
| Issuance Charges for Photocopy of title documents |
Rs. 250 per document set |
| Charges on customer initiated requests for copies of documents |
Rs. 250 per document set |
| Prepayment Charges including part prepayment for floating rate loan |
NIL |
| Prepayment Charges for fixed rate loan |
2% of the principal outstanding |
| Equitable Mortgage Creation Charges |
As applicable in the state |
| CERSAI charges |
Rs. 50/- For Loans up to 5 Lakhs
Rs. 100/- For Loans above 5 Lakhs |
| Duplicate NOC Issuance Charges |
Rs 500 per instance + GST as applicable
|
| Loan Cover/ Insurance |
Property Insurance is a mandatory requirement to safeguard your home in case of damage caused by unforeseen circumstances, such as fire or other natural disasters.
|
