Fees & charges

	Home Loan (IV)	Fast Loan
Application Fee	Rs 1,000	Rs 1,000
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
Administration Cost	Not Applicable	up to Rs 50,000 - Rs 500 above Rs 50,000 -Rs 1,000
Penalty Fee for late payment
Prior BPA cases BPA cases	10% on monthly instalment 5% p.a on unpaid capital	10% on monthly instalment 5% p.a on unpaid capital
Visa Fee	Rs 200	Not Applicable
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