Schedule of Charges
Upfront Charges (Charges Before Disbursement)
Charge Type | Charge Description |
---|---|
Login Fee |
Rs.3,500/- +GST (Non Refundable) |
Processing Charges |
Upto 2% + GST (on the sanctioned value). It will be collected/deducted prior to the disbursement |
Stamp Duty |
Tamil Nadu and Puducherry : Rs. 400/- + GST |
Valuation / Technical Report |
Rs. 1000/- + GST on 1st Disbursement (for loan upto Rs. 10 Lacs) Rs. 2000/- + GST on 1st Disbursement ( for loan more than Rs. 10 Lacs) |
Legal Report |
Rs. 1000/- + GST(for loan upto Rs. 10 Lakhs) |
CERSAI : At the time of Disbursement : Creation of Charge |
Rs. 50/- +GST (For loan amount up to Rs 5 Lakhs) |
Loan Administrative Charges |
Rs. 200/- +GST (For loan amount up to Rs 5 Lakhs) |
Customer Service Charges
Charge Type | Charge Description |
---|---|
Part payment Charges |
Non Housing Loan: 4% on part payment/advance payment + GST |
Pre-Closure Charges |
Housing Loan: Non Housing Loan: |
Cheque / ECS / ACH Bounce charges (Per Instrument / Transaction) |
Rs. 500/- + GST per instance |
Penal Interest Delayed EMI Payment |
36% p.a. for number of days delay in PEMI/EMI payment |
Document Copy Charges |
Rs. 500/- + GST |
Cheque / ECS Swapping Charges (Per Instance)
Note:- *The Govt. Of India has implemented the Good & Service Tax (GST) effective from 1st July, 2017. Consequently, the Service Tax rate (including cess) 15%, as applicable to the products & services rendered by financial institutions, has been replaced by the GST rate of 18%.
Charge Type | Charge Description |
---|---|
PDC to PDC |
Rs. 1000/- + GST |
PDC to ECS |
Nil |
ECS to ECS |
Rs. 1000/- + GST |
ECS to PDC |
Rs. 1000/- + GST (on exceptional basis only) |
Document Custodian Fees |
Rs. 500/- + GST per Month (Chargeable after 30 days of loan tenure completion and if documents is un-collected) |