Sr. No |
Particulars |
Charges |
1 |
Processing Fee/ Charges |
Up to 3% of the loan amount |
2 |
Application Fees |
|
For Loan amount less than or equal to INR 1 Mio |
INR 2500 |
For Loan amount > INR 1 Mio and <=2.5 Mio |
INR 3500 |
For Loan amount > INR 2.5 Mio and <=5 Mio |
INR 4500 |
For Loan amount > 5 Mio |
INR 6000 |
3 |
Documentation Fees (Only for disbursed cases) |
|
Loan Amount <= INR 2.5 Mio |
INR 1500 |
Loan Amount > INR 2.5 Mio |
INR 3000 |
4 |
Stamp Fees and Charges (if applicable) |
At applicable rate as per state laws. In stamping done by FIHFC then additional 5% ( of stamping amount)service fee will be levied |
5 |
Rate of Interest Conversion Fee |
An amount not exceeding 0.5% of the outstanding principal amount |
6 |
Cheque / ECS / DDM/NACH bounce charges |
INR 500 |
7 |
Swap charges for any modification to any repayment |
INR 600/- per swap instance |
8 |
CERSAI Charges (Non Refundable) |
|
For Loans up to INR 5 Lakhs (for an original filing and for modification) |
INR 400/- |
For Loans above INR 5 Lakhs (for an original filing and for modification) |
INR 650/- |
9 |
Prepayment Charges (in part or full) |
|
Individual Borrowers (Primary and co-borrowers) under Floating rate of Interest |
No prepayment charges shall be payable for partial/full prepayment |
Non individual borrowers (Primary and /or co-borrower) |
0-12 MOB : 7% of the prepaid loan amount |
>12 MOB : 5% of the prepaid loan amount |
Semi Fixed rate of interest loan |
For individual borrowers (Primary and co-borrowers): 7% of the prepaid loan amount till the fixed rate tenor and no prepayment charges thereafter |
For Non-Individual borrowers (Primary and/or co-borrower) : 7% of the prepaid loan amount would be applicable for the fixed rate tenor of the loan and 5% of the prepaid loan amount thereafter |
Fixed Rate (Full tenor) |
0-60 MOB : 7% of the prepaid loan amount |
>60 MOB : 5% of the prepaid loan amount |
9 |
Penal Interest |
Upto 2 % per month of overdue EMI from the relevant due date until the date of actual payment / rectification of default. |
10 |
Part disbursal/ per tranche fee |
INR 600 |
11 |
Duplicate Statement of Account/Loan Agreement/NOC |
INR 300 |
12 |
Charges for photocopy of original title deeds of Property |
INR 1000 |
13 |
Collection of Cheque/Cash (per collection) |
INR 500 |
14 |
Taxes & Levies |
All the charges indicated above or elsewhere in the Loan Agreement shall be exclusive of all taxes and statutory levies as may be applicable from time to time on same including without limitation to service tax and cesses thereon. |