Fees & charges

  Home Loan (IV) Flexi Loan
Application Fee Rs 1,000 N/A
Handling Fee 1.% of Loan amount:
Minimum Rs 3,000 and Maximum Rs 50,000
Not Applicable
Medical Fee Rs 450
- payable before medical examination
Rs 450
- payable before medical examination
Policy Fee (DBLA) Rs 200 Rs 200
Monthly service charge Rs 100 Rs 100
Mortgage Insurance Payable when Loan to Valuation exceeds 90% Not Applicable
Fixed Charge Fee 0.75% of Loan amount Not Applicable
Processing Fee Not Applicable

Up to Rs 0.5m - Rs 3000 (Flat)


Between Rs 0.5m to Rs 1m - 0.65% of the Loan Amount
(Rs 3,250 to Rs 6,500)


Between Rs 1m to Rs 1.5m - 0.75% of the Loan Amount
(Rs 7,500 to Rs 11,250)


(A Floating Charge will be applicable to loans between Rs 1m to Rs 1.5m)   

Penalty Fee for late payment
Prior BPA cases
BPA cases
10% on monthly instalment
5% p.a on unpaid capital
5% p.a on unpaid capital
Visa Fee Rs 200 Rs 200
Pari-Passu Rs 2,000 Not Applicable
- EWF Rs 200 Not Applicable
Legal Fee Rs 200 Not Applicable
Early Repayment Fee* 1% ERF on capital balance applicable
for loans >= Rs3M
The interest free will be forfeited in case client pays his/her loan in anticipation.
Not Applicable
Erasure of Fixed Charges and Conventional/Subrogation charges
  • Rs 5000 + Registration dues of Rs550 for premature repayment of loan within 5 years
  • Rs 3000 + Registration dues of Rs550 for premature repayment of loan above 5 years and upto 10 years.
  • Rs 1000 + Registration dues of Rs550 for loan expiry or payment effected 10 years and above.
Duplicate Loan Repaid Letter Rs 300 Rs 300

 

*Not applicable for loans falling under the Borrowers Protection Act

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