| Description of Charges |
Loan Against Property |
Dropline Overdraft Against Property / Commercial OD against Property |
Loan Against Rent Receivables |
Loan Processing Charges*
( * Minimum PF of Rs.7500/- ) |
2% |
2% |
2% |
| Pre-payment charges |
4% of the outstanding principal (pre-payment is allowed only after 6 months) |
4% of the operating limit prevailing at the time of prepayment |
4% of the outstanding principal (pre-payment is allowed only after 6 months) |
| No Due Certificate / No Objection Certificate (NOC) |
Nil |
Nil |
Nil |
| Solvency Certificate |
Not applicable |
Not applicable |
Not applicable |
| Charges for late payment of EMI |
2 % per month on overdue EMI amount |
18% penal interest applicable on overdue amount |
2 % per month on overdue EMI amount |
| Charges for changing from fixed to floating rate of interest |
0.25% of the loan amount |
Only Floating rate option |
Only Floating rate option |
| Charges for changing from floating to fixed rate of interest |
1.5% of the loan amount |
Only Floating rate option |
Only Floating rate option |
| Duplicate no due certificate / NOC |
Rs 250/- |
Rs 250/- |
Rs 250/- |
| Stamp Duty & other statutory charges |
As per applicable laws of the state |
As per applicable laws of the state |
As per applicable laws of the state |
| Cheque swapping charges |
Rs 500/- |
Rs 500/- |
Rs 500/- |
| Bounce Cheque Charges |
Rs 450/- |
Rs 450/- |
Rs 450/- |
| Statement Charges (per statement) |
Rs 500/- |
Rs 500/- |
Rs 500/- |
| Duplicate Repayment Schedule charges |
Rs 500/- |
Rs 500/- |
Rs 500/- |
| Legal / Repossession & Incidental charges |
At actuals |
At actuals |
At actuals |
| Account Maintenance Charges |
NIL |
Rs.5000 p.a. |
Rs.10000 p.a. |
