| Consumer Assets |
NRI Housing Loans |
Education Loans |
Personal Loans |
| Loan Processing Charges |
0.50% of Loan Applied for subject to a min. of Rs.5000/= |
NIL |
|
| Prepayment Charges |
Part-prepayment--Nil-- Loan Foreclosure 1% of (o/s. principal as on the date of foreclosure + unscheduled part-prepayments during 12 months past from the date of foreclosure) |
NIL |
5% |
| No due Certificate |
NIL |
NIL |
NIL |
| Solvency Certificate |
Not Applicable |
Not Applicable |
Not Applicable |
| Charges for late payment of EMI |
Delay Payment Charge 1.50% p.m. on the amount overdue for the number of overdue days. |
2% p.a. penal interest on over dues |
2% per month penal interest on over dues |
| Charges for changing from fixed to floating rates of interest |
Only Floating Rate Loans |
NIL |
NA |
| Charges for changing from float to fixed rates of interest |
-do- |
NIL |
NA |
| Cheque Bounce Charges |
Rs.250 + Service Tax |
0 |
Rs.500 + Service Tax |
