Home Renovation - Mortgage Loan - Schedule of Charges
PARTICULARS | CHARGES | PARTICULARS | CHARGES |
|---|---|---|---|
| Bounce charges / Instruction Revocation charges / Dishonor charges | Rs. 500/- per bounce | Duplicate NOC issuance charges | Rs. 1,000/- |
| Cheque Swapping charges | Rs. 500 /- per swap | Legal and courier charges | Rs. 1,000/-, once in whole tenor, if collection charges are levied |
| Foreclose Statement Charges | Rs. 2,000/- | Late Payment charges | 3% per month of Amount Due (Overdue EMI) |
| Valuation Charges | Upto Rs. 2500/- | Loan Cancellation charges | Upto Rs. 15,000/- |
| Collection Charges | Rs. 250/- if delay in deposit of EMI by more than 14 days from the due date | Prepayment/foreclosure charges | 5% of principal outstanding |
| RTGS/NEFT Charges | Rs. 100/- on every RTGS/NEFT transaction of disbursement | Part prepayment charges | 5% of the part principal prepaid |
| Collection visit charges | Rs. 250/- per visit upto 2 Times in a month | SMS alert charges | Rs. 15/- per quarter |
| NACH rejection charges | Rs. 1000/- once in whole tenor post rejection of NACH mandate | Login Fees | Rs. 2000/- |
| Processing Fee (Including Stamp Duty Charges) | Upto 4% of the sanctioned amount | Default Period Interest | Interest on Amount due (Overdue EMI) at the contracted rate of interest till such default is cured by the Borrower |
| Legal Charges | Upto Rs. 2500/- | - | - |
| Any regulatory/ statutory reporting charges | As per actual amount | - | - |
| Other Charges* | As per actual amount | - | - |
| Revalidation of NOC | Rs. 500/- | ||
Note:-
- Applicable GST charges shall be levied as per the statutory requirement.
- *The Company shall be permitted to levy any other charges in the nature of reimbursement from the customer like legal charges, valuation charges etc. including applicable taxes.
- Upon the customer’s request and with their consent, the Company shall deduct the following amounts from the customer’s disbursal: Credit Life (Loan Suraksha) Premium/Insurance Premium/Health Assistance Programme – Will be as per actual amount
