Schedule of Fees & Charges


Sl No Particulars Maximum
1 Loan Processing Fees Up to 2% + Service Tax
2 Cheque/ECS return charges Rs. 500
3 Penal Charges 2% pm on Overdue amount
4 Pre- payment charges on Housing Loan Floating Interest Rate - Nil Fixed interest Rate- 2% on principal outstanding in case of loan take over
5 Charges for initiating action under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002
  1. a) Demand Notice – Rs. 1,000/-
  2. b) Possession Notice – Rs. 2,000/-
  3. c) Applying District Magistrate Order – Actuals
  4. d) Taking Physical Possession – Actuals
  5. e) Publication of Demand Notice/Possession Notice and Sale cum Auction Notice - Actuals
6 Registration of EM Under CERSAI One time amount of Rs. 250/- if loan amount is up to Rs. 5 lacs, else Rs. 500/-
7 Legal charges (Other than pertaining to SARFAESI) Actuals