| Home Loan (IV) | Flexi Loan |
---|---|---|
Application Fee | Rs 1,000 | N/A |
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 |
Processing Fee | Not Applicable |
Up to Rs 0.5m - Rs 3000 (Flat)
|
Penalty Fee for late payment | ||
Prior BPA cases BPA cases |
10% on monthly instalment 5% p.a on unpaid capital |
5% p.a on unpaid capital |
Visa Fee | Rs 200 | Rs 200 |
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 |
|
|
Duplicate Loan Repaid Letter | Rs 300 | Rs 300 |
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*Not applicable for loans falling under the Borrowers Protection Act