Fees & Charges
| Type of Charge | Charges |
|---|---|
| Processing Fees | 1.0% onwards |
| Interest rate (per annum) | 11% onwards |
| Dishonor Charges | Rs 750/- (non-Home Loans) Nil on Representation of Mandate |
| Legal Opinion Charges, SRO Search Charges, ROC Search Charges, Non-Encumbrance Certificate from SRO charges | NIL, included in the Processing fee |
| Transaction Handling Fee ( Resale / BT) | Rs. 2500/- |
| Technical Valuation charges | NIL, included in the Processing fee |
| NACH Swapping charges | NIL |
| Retrieval charges for Copies of loan /property document in IB custody | Emailing of Scan Copies: NIL Physical copies with IB attestation: Rs 500/- |
| Charges for Physical Statement Of Account / Amortization Schedule | Emailing of Soft Copy by Customer Service Teams : NIL Hard copies : Rs 200/- |
| Registration Charges for Borrowers’ NACH Mandate (loan repayment) | NIL |
| Interest Certificate in non-Home Loans, Income Tax Certificate in Home Loans | NIL |
| Charges for Certified True Copies of Title Deeds from SRO, if applicable | As per Actual |
| Stamping charges of loan Agreement | Actual, subject to state laws
|
| Stamping charges of other legal documents like Indemnity Bond, Legal Undertakings,Legal Affidavits, Personal Guarantee Bond, Power of Attorney for NRI Home Loans etc. | As per Actual, subject to state laws-to be procured by borrower directly |
| Original property documents retrieval for specific activity like production at SRO or Development Authority (on borrower request) | Rs. 5000/- |
| Data Admin Fee | Rs 650/- (incl GST) |
Stamping charges of loan Agreement |
Actual, subject to state laws-where fixed charges irrespective ofloan amount: provided by IB-where ad-valorem charges as a function of loan amount: to be procured by borrower directly. |
| Stamping charges of other legal documents like Indemnity Bond, Legal Undertakings,Legal Affidavits, Personal Guarantee Bond, Power of Attorney for NRI Home Loans etc. | As per Actual, subject to state laws-to be procured by borrower directly |
| Original property documents retrieval for specific activity like production at SRO or Development Authority (on borrower request) | Rs. 5000/- |
| Database Admin Fee | Rs 650/- (inclusive of service tax) |
| Type of Charge | Charges |
|---|---|
| Processing Fees | 3% onwards |
| Loan foreclosure/pre-payment charges | >6 months: 5% |
| Interest rate (per annum) | 13.99% onwards |
Bounce charges |
For Salaried: Rs. 400 per bounce |
| For Self Employed customers: Rs. 750 per bounce | |
| Late Payment penalty | 3% per month |
| Stamp duty charges for loan documentation | As per applicable laws |
| Duplicate NOC | Rs. 500 per request |
| Repayment mandate/instrument swapping charges | Rs. 500 per request |
| Loan Cancellation Charges | Rs. 3000 |
| Loan Re booking charges | Rs. 1500 |
| Statement of account charges | Rs. 500 |
| Duplicate Repayment Schedule | Rs. 500 |