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You are here: Personal Banking > Loans > Loans Against Securities > Fees & Charges         Hindi Version         Marathi Version

Features & Benefits Eligibility & Documents Fees & Charges FAQs Apply Now Fees & Charges for Loan Against Securities Overdraft Facility Description of Charges Loan Against Security Processing Charges Upto 2% of the overdraft limit with minimum of Rs.1250/- at the time of setting up the limit or enhancement or annual renewal. (In case of mid-term enhancement of limits, processing fees will be charged only on a pro-rata basis) Pre-payment charges Nil Duplicate no due certificate / NOC Nil No Due Certificate / No Objection Certificate (NOC) Nil Solvency Certificate Not Applicable Charges for changing from fixed to floating rate of interest Not Applicable Charges for changing from floating to fixed rate of interest Not applicable Stamp duty & other statutory charges As per the rates applicable at the place of execution of Loan Agreement Annual Maintenance Charge (AMC) Upto 0.5% of the overdraft limit with minimum of Rs. 500/- subject to maximum of Rs. 10,000/-. Rs.500/- for accounts where AMC was defined as NIL at the time of execution of Loan Agreement. Minimum Rs. 500/- and maximum Rs. 10,000/- where AMC has been set as a percentage of the Limit Charges on drawings in excess of Limits ( due to application of interest or revaluation of portfolio under pledge) Penal interest 18% p.a. plus tax on the amount drawn in excess of the Limit. This will be calculated on a daily product basis. Important Note : Monthly interest charge has to be serviced in full by way of credit to the LAS Account in the immediately following month, failing which the Accounts are liable to be classified as NPA . In such cases, Bank will excercise its right to sell/ redeem the securities in the market after providing reasonable notice to Clients. Charges for realization of proceeds on maturity in respect of RBI Bonds Rs. 100/- Per Certificate subject to a minimum of Rs. 250/- per request Charges for collection of proceeds on maturity/ survival benefit/ surrender benefits in respect of Life Insurance Policies Rs. 100/- per Policy, subject to a minimum of Rs. 250/- per request Charges for collection of proceeds on maturity of NSC / KVP Rs. 50/- per certificate subject to a minimum of Rs. 250/- and a maximum of Rs. 1500/- per collection on maturity. In case the securities have to be encashed due to default, charges will be Rs. 25/- per certificate. Charges for realization of proceeds on maturity in respect of Fixed Maturity Plans (FMPs) Rs. 500/- per instruction Sale of security in the event of default All brokerages, transaction charges and other levies as per actuals Legal & incidental charges As per actuals. Cheque Book Charges Upto 100 Cheque leaves issuance FREE per month. Additional cheque leaves during the month will be charged @ Rs. 2/- per leaf TRF Processing Charges Rs.10/- Per TRF Pledge creation fees Rs.5/- per NSC/KVP/Bond/LIC/MF Unit Certificate De-pledge fees Rs.5/- per NSC/KVP/Bond/LIC/MF Unit Certificate on release of charge (de-pledge, lien removal etc). Charges in case limit Drops to Zero Rs.500/- per month   Term Loan Facility Additional charges for Term Loan as under: Description of Charges Loan Against Security Loan Processing Charges Upto 2% of the Loan Amount No Due Certificate / No Objection Certificate (NOC) NIL Duplicate no due certificate / NOC Nil Solvency Certificate NIL Charges for changing from fixed to floating rate of interest Not Applicable Charges for changing from floating to fixed rate of interest Not applicable Stamp duty & other statutory charges As per the rates applicable at the place of execution of Loan Agreement Legal & incidental charges As per actuals. Sale of security in the event of default All brokerages, transaction charges and other levies as per actuals Prepayment Charges On Principal outstanding For loan tenor of 6 months No prepayment allowed Penalty of 2% if pre-closed before end of tenor For loan tenor of >6 months No prepayment allowed upto 8 months Penalty of 2% if pre-closed before 12 months Penalty of 1% if pre-closed before the end of actual tenor Cheque bounce/SI bounce/ECS failure charges Rs.450/- Cheque Swapping , ECS/SI change charges Rs.200/- per instance Late payment charges 2% per month on unpaid EMI/Loan outstanding Loan cancellation and rebooking charges Rs.1000/- Loan statement/repayment schedule charges(per statement) Not Applicable All fees & charges mentioned in the Tariffs, Charges or Fees Brochures will attract Service Tax @ 10% & Education Cess @ 3% of the service tax amount. The same will appear as separate debits in the statements. Please note that the loan is granted only for personal purposes. Loan Amount can not be used for speculative activities or any purpose linked to capital market activities or for any anti social purposes.All credit is at the absolute discretion of HDFC Bank. For the schedule of charges related to transactions of the overdraft account, please click here.   Apply Now     Just fill the Online Application Form and our representative will get in touch     with you shortly.     Other Ways to apply : Call Us Visit our branch Email us at las.product@hdfcbank.com E-mail this page Print this page Check Eligibility Call Us Visit a Branch Write to us How much overdraft can I get ? Whose shares can I pledge ? I do not have a Demat Account with HDFC Bank. Can I still avail of your facility ? Can I avail overdraft against LIC Policies ? More... Would like to leverage your property without giving it on rent or selling it? Apply for our Loans against Property today! We help you invest wisely through our financial and investment services. 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