Services and Charges

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Services and Charges
  
Information Booklet
Sr. No. Charge Type Charge Description
1 Login Fee Rs.1000/- +ST
UPFRONT CHARGES (CHARGES BEFORE DISBURSEMENT)
2 Processing Charges 0%-2% + ST (on the sanctioned value) to be collected before disbursement or deducted from first disbursement.
3 Non Postal Stamp / Stamp Duty As per applicable law of the state
4 Non-encumbrance Certificate / Search Report (per property) Rs.2000/-
5 Technical Fee Collected (per property) Rs.2000/-
6 CERSAI: At the time of Disbursement : Creation of Charge 100/-+ ST
7 CIBIL 100/-+ ST
8 Property Inspection charges Rs.500/-+ST
CUSTOMER SERVICE CHARGES
9 CERSAI: At the time of Modification of Charge ( in case of Top Up) as per the charges levied by CERSAI+ST
10 Prepayment Charges Part– Prepayment/ Fore Closure of Home Loan on Variable/ Floating Rate of Interest:
  • No Prepayment Charges, If The Loan Is Part Prepaid/Foreclosed Through Any Source.
  • Part- Prepayment/ Foreclosure of Home Loan on Fixed Rate of Interest:
  • No Prepayment Charges, If The Loan Is Foreclosed Through Own Source.

  • However if the payment is made by borrowing from a Bank/ HFC/ NBFC and/ or a Financial Institution:

    3% + ST as applicablee in pre-closure charges would be levied on principle o/s & all part prepayments done in last 12 months in case loan is closed after 12 months of the first disbursement.

    5% + ST as applicable in Pre-Closure Charges would be levied on principle o/s & all part prepayments done in case loan is closed within 12 months of the first disbursement.

    Cheque return charge of INR 500/- + service tax as applicable per instrument is payable in case of a dishonored cheque or ECS.

    11 Cheque/ECS Bounce Charges (Per Instrument/Transaction) Cheque return charge of INR 500/- + service tax as applicable per instrument is payable in case of a dishonored cheque or ECS.
    12 Late Payment Interest 3% per month compound for no. of days delayed in PEMI / EMI payment.
    13 Duplicate No Dues Certificate Rs.500/- + ST
    14 Copy of Property Papers Rs.500/- + ST
    15 Duplicate Annual Account Statement, Provisional Certificate Rs.500/- + ST
    16 Loan prepayment/closure (fully)statement / SOA / Repayment Schedule charges Rs.500/- + ST
    17 Each Personal Visit to customer’s place for collection of dues Rs.500/- per visit plus applicable service tax
    18 Legal Charges Legal charges as applicable on case to case basis
    19 Recovery Charges At actual+ST
    20 Custodial fee for Keeping property document in closed account 500 per month (post 60 days from loan closure date) + Service Tax
    21 Duplicate Certificate Charges Rs.500/- + ST
    22 Contract Amendment Charges Rs.500/- + ST
    23 Cheque/ECS Swapping Charges (per set):
    PDC to PDC Rs. 1000/- (Inclusive of ST)
    PDC to ECS NIL
    ECS to ECS Rs. 1000/- (Inclusive of ST)
    ECS to PDC Rs. 1000/- (Inclusive of ST)
    CHARGES AT THE TIME OF FORECLOSURE
    24 CERSAI: At the time of Loan Closure: – Satisfaction of Charge (removal of lien) NIL
    25 Documents Retrieval and Handling Charges Rs 500/- (ST if applicable) (Courier Handling Charges)
    (Chargeable at the time of handing over security documents on closure of loan)