SCHEDULE OF FEES AND 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 |
- a) Demand Notice – Rs. 1,000/-
- b) Possession Notice – Rs. 2,000/-
- c) Applying District Magistrate Order – Actuals
- d) Taking Physical Possession – Actuals
- 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 |