| Description of Charges |
|
Loan Against Property |
| Loan Processing Charges / Renewal Charges |
|
Loan Against Property 1% of loan amount or Rs.2,000, whichever is higher. Fees are non–refundable. |
| Prepayment Charges |
|
2 % on the principal outstanding on full prepayment |
| Solvency Certificate |
|
NA |
| Charges for late payment (loans) |
|
Home Loans : 2% per month Home OD : 1.5% of the outstanding amount subject to minimum of Rs. 500/- & Maximum of Rs.5000/- |
Charges for changing from fixed to floating rates of interest |
|
|
1.75% on principal oustanding |
| Charges for changing from floating to fixed rates of interest |
|
|
1.75% on principal oustanding |
|
|
Rs. 500/- |
|
|
Rs. 500/- |
|
|
Rs. 200/- |