Disbursement Process

Submit the copies of the property documents to your Relationship Manager, as mentioned in the Sanction Letter or the executive assisting you while availing the loan.

The charges payable at the time of disbursal are:

1. Admin fee:

Loans up to Rs 25 lakh	Lower of 0.25% of loan amount or Rs 2,500
Loans > Rs 25 lakh	Rs 5,000

* GST will be applicable on the amount mentioned above.

NOTE: Please refer your Sanction Letter for the applicable Admin fee.

B) Statutory franking/Stamp duty as per State laws

As per the applicable state norms, statutory/stamp duty may be payable to the Government on the loan agreement and various other transactional documents being executed between you and the Bank.

The loan disbursal process takes approximately 7-10 working days, post submission of all the documents, including the Loan agreement.

The assigned Sales Representative/Relationship Manager will provide you with the update. You can also view the status by clicking on Track My Loan.

The Sanction Letter is valid for up to 6 months from the date of issuance. Please refer to the Sanction Letter for the applicable validity.

Yes, you can take assistance of your Relationship Manager to submit the required documents for a re-sanction of the loan.

You need to provide the following documents for loan disbursal: Property documents and Facility agreement

You need to provide a list of documents such as, Foreclosure Letter and BT Kit with franking and notary.