| TYPE |
LOAN SCHEME |
BASIS |
FEES / CHARGES |
| 1. APPLICATION FORM |
1.Housing Loan
2.Home Guard Loan
3.Renovation Loan
4.Mortgage Loan
5.Commercial Loan
|
FREE |
2. PROCESSING FEES
|
1.Housing Loan
2.Home Guard Loan
3.Renovation Loan
5.Commercial Loan
|
For Loan of Rs.1 Lac and up to Rs.1 Crore |
0.65% of loan applied. |
| 4. Mortgage Loan |
For Loan of Rs.10 Lacs and up to Rs.1 Crore |
1.00% of loan applied. |
3. ADMINISTRATIVE
FEES
|
1.Housing Loan
2.Home Guard Loan
3.Renovation Loan
5.Commercial Loan
|
For Loan of Rs.1 Lac and up to up to Rs.1 Crore |
0.65% of loan approved. |
| 4.Mortgage Loan |
For Loan of Rs.10 Lacs and up to Rs.1 Crore |
NIL |
4. SWITCH FEES
(FROM FIXED TO
FLOATING RATE OF INTEREST) |
1.Housing Loan
|
Loan outstanding amount on the date of switching |
2% of loan outstanding |
2.Home Guard Loan
3.Renovation Loan
4.Mortgage Loan
5.Commercial Loan
|
Not Available |
5. PRE-PAYMENT
OF LOAN |
1.Housing Loan
2.Home Guard Loan
3.Renovation Loan
4.Mortgage Loan
5.Commercial Loan
|
Part Pre-payment
|
NIL |
| Full Repayment |
2% of Outstanding loan. |
6. STATEMENT OF ACCOUNTS
1.Provisional I.T. Certificate
2.Final I.T. Certificate
3.Status Report
|
1. Housing Loan
2. Home Guard Loan
3. Renovation Loan
4. Mortgage Loan
5. Commercial Loan
|
a] For the Current Financial Year
|
FREE-ONCE |
| b] Subsequently : |
|
| Current financial year |
Rs.100/- per document |
| Earlier financial year/s |
Rs.100/- multiplied by period |
| 4. Loan Clearance Certificate |
1. Housing Loan
2. Home Guard Loan
3. Renovation Loan
4. Mortgage Loan
5. Commercial Loan |
On closure of loan |
FREE |
7.COPIES OF LOAN
OR SECURITY
DOCUMENTS |
1. Housing Loan
2. Home Guard Loan
3. Renovation Loan
4. Mortgage Loan
5. Commercial Loan |
Rs. 2/- per page |
8.Processing of
Collateral Security
for interim payment.
e.g.
Life Insurance
Policy, Postal Savings Instruments, Bank Fixed Deposits and likes.
|
1. Housing Loan
2. Home Guard Loan
3. Renovation Loan
4. Mortgage Loan
5. Commercial Loan |
Rs. 200/- per page |
|
9.COLLECTION CHARGES
|
1. Housing Loan
2. Home Guard Loan
3. Renovation Loan
4. Mortgage Loan
5. Commercial Loan
|
For Dishonour of Cheque |
Rs.300 per instrument plus
Bank charges and out-of-pocket
expenses. |
| For Outstation Cheques |
Rs.4/- per thousand rupees or
part thereof, subject to min.
Rs.50/- per instrument and
maximum of Rs.10,000 plus
other charges at actual. |
10. A] RECOVERY
CHARGES
(Without intervention of
Court)
|
|
DEFAULT INSTALMENTS |
|
1. Housing Loan
2. Home Guard Loan
3. Renovation Loan
4. Mortgage Loan
5. Commercial Loan
|
a] 1-2 months |
Rs.200/- per installment |
| b] 3-12 months |
4% of total dues including penal
interest |
| c] 13-24 months |
6% of total dues including penal
interest |
| d] 25 months and above |
7% of total dues including penal
interest |
B] RECOVERY
CHARGES
(Under The Securitisation
and Reconstruction of
Financial Assets and
Enforcement of Security
Interest Act,2002)
|
1. Housing Loan
2. Home Guard Loan
3. Renovation Loan
4. Mortgage Loan
5. Commercial Loan
|
ACTUAL
EXPENSES |
11.INSURANCE
COVER
A] Property financed
|
1. Housing Loan
2. Renovation Loan
3. Commercial Loan
|
Fire and Allied perils including
earthquake but excluding RSMD &
STFI perils & terrorism
(Liability is limited to outstanding
loan amount)
|
FREE |
B] Borrower & Co-
borrower |
Personal Accident Cover
(Liability is limited to outstanding
loan amount) |
FREE |
