| Consumer Assets |
Home Loans including NRI Home Loans |
Home Equity |
Loan against Commercial Property |
Auto Loan |
Commercial Vehicle / Contruction Equipment |
Education Loan |
Advance against Demat Shares |
| Loan Processing Charges |
0.50% of the loan applied or Rs. 10,000/- whichever is higher along with the applicable Service Tax |
1.50% of Loan Applied or Rs.10000/- whichever is higher alongwith the applicable Service Tax |
1.50% of Loan Applied or Rs.10000/- whichever is higher alongwith the applicable Service Tax |
Upto Rs 4000/- |
Upto Rs. 2000/- |
NIL |
Rs. 500/- per account fresh as well as renewal |
| Part - Payment Penalty |
Nil. Allowed only after completion of minimum 6 months from the date of final disbursement. Part prepayment is not allowed if the loan is not fully disbursed. |
3% of the principal amount is being prepaid if the amount of part prepayment is less than thrice the EMI amount or if part prepayment amount exceeds 25% of the outstanding principal in a financial year. Part prepayment is not allowed if the loan is not fully disbursed or prior to 6 months post full and final disbursal. |
3% of the principal amount is being prepaid if the amount of part prepayment is less than thrice the EMI amount or if part prepayment amount exceeds 25% of the outstanding principal in a financial year. Part prepayment is not allowed if the loan is not fully disbursed or prior to 6 months post full and final disbursal. |
No part payment allowed |
No part payment allowed |
NIL |
NIL |
| Foreclosure Penalty |
Allowed only after completion of minimum 6 months from the date of final disbursement. Nil foreclosure charges for customers closing the loan from their own funds. Otherwise foreclosure charges applicable at 2% of O/s. Principal Balance.
Foreclosure charges will be applicable during the fixed rate period. |
3% of (O/s Principal Bal + Principal Prepayments made during the last twelve months) Foreclosure is not allowed uptil 6 months of full and final disbursal. |
3% of (O/s Principal Bal + Principal Prepayments made during the last twelve months) Foreclosure is not allowed uptil 6 months of full and final disbursal. |
3% of the Outstanding Principal Amount. Not allowed uptill 6 months of the disbursal |
4% of the principal outstanding if the foreclosure made with in 12 months post full and final disbursement. 2% of the principal outstanding if the foreclosed after 12 months from the date of disbursement |
NIL |
NIL |
| Conversion Charges for changing from fixed to floating rate of interest |
1% of the Loan Amount Outstanding |
1% of the Loan Amount Outstanding |
1% of the Loan Amount Outstanding |
NA |
NA |
NIL |
NA |
| Conversion Charges for changing from floating to fixed rate of interest |
NA |
NA |
NA |
NA |
NA |
NIL |
NA |
| Cheque Bounce Charges |
Rs.250 + Service Tax |
Rs.250 + Service Tax |
Rs.250 + Service Tax |
Rs.250 + Service Tax |
Rs.250 + Service Tax |
Rs.250 + Service Tax |
Rs.250 + Service Tax |
| Charges for late payment of EMI |
2 % per month on the amount of overdue EMI / (Pre – EMI) will be charged for the number of days the payments get delayed. |
2 % per month on the amount of overdue EMI / (Pre – EMI) will be charged for the number of days the payments get delayed. |
2 % per month on the amount of overdue EMI / (Pre – EMI) will be charged for the number of days the payments get delayed. |
2 % per month on the amount of overdue EMI / (Pre – EMI) will be charged for the number of days the payments get delayed. |
2 % per month on the amount of overdue EMI / (Pre – EMI) will be charged for the number of days the payments get delayed. |
2 % per month on the amount of overdue EMI / (Pre – EMI) will be charged for the number of days the payments get delayed. |
2 % per month on the amount of overdue (Interest) will be charged for the number of days the payments get delayed. |
| Photocopy of Property Documents |
Rs. 500 /- per event |
Rs. 500 /- per event |
Rs. 500 /- per event |
NA |
NA |
NA |
NA |
| Duplicate Statement |
Rs. 100/- |
Rs. 100/- |
Rs. 100/- |
Rs. 100/- |
Rs. 100/- |
Rs. 100/- |
Rs. 100/- |
| Cheque Swap Charges |
Rs. 500 per event of Cheque Swap |
Rs. 500 per event of Cheque Swap |
Rs. 500 per event of Cheque Swap |
Rs. 500 per event of Cheque Swap |
Rs. 500 per event of Cheque Swap |
Rs. 500 per event of Cheque Swap |
NA |
| Cheque Collection from Customer's Place |
Rs. 250/- |
Rs. 250/- |
Rs. 250/- |
Rs. 250/- |
Rs. 250/- |
Rs. 250/- |
NA |
| Duplicate Interest Certificate |
Rs. 100/- |
Rs. 100/- |
Rs. 100/- |
NA |
NA |
NA |
NA |
| Property Swap |
Rs. 10000/- per event of Property Swap within the same project after partial disbursement. If it is a different project, full Processing Fee will be collected and not property swap charge. |
NA |
NA |
NA |
NA |
NA |
NA |
| No Due Certificate |
NIL |
NIL |
NIL |
NIL |
NIL |
NIL |
NIL |
| Solvency Certificate |
NIL |
NIL |
NIL |
NIL |
NIL |
NIL |
NIL |