A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    We found 38 HDFC Home Construction Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.90% - 9.10% Floating
    0.25% (max. ₹11,800) One time fee
    5L - 10Crs
    3-30 Years
    Response Time : Within 30 minutes
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    9.0% - 9.50% Floating
    Up to 0.50% (min. ₹10,000 + GST) One time fee
    8L Min
    1-30 Years
    Response Time : Within 30 minutes
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    8.80%- 9.20% Floating
    12,000 (inclusive of GST) One-Time Fee
    20L - 5Crs
    1-30 Years
    Response Time : Within 30 minutes
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    Documents
    Perks
    Fees & Charges
    Good to Know
    8.95% - 9.15% Floating
    10000+GST One time fee
    -
    1-20 Years
    Response Time : Within 30 minutes
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    Fees & Charges
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    8.60% - 8.95% Floating
    Up to 0.5% (max. ₹11,800) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
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    Fees & Charges
    Good to Know
    8.75% - 11.0% Floating
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    Response Time : Within 30 minutes
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    Perks
    Fees & Charges
    Good to Know
    8.85% - 8.90% Floating
    0.50% PF (For Salaried) to 1%(min.3000)+Tax (for Self employed)
    12L - 5Crs
    1-20 Years (10 yrs plot loan)
    Response Time : Within 30 minutes
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    Fees & Charges
    Good To Know
    8.80% - 11.75% Fixed/Floating
    0.50% (min. ₹10,000) One time fee
    5L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
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    9% Floating
    ₹ 10000+ taxes One time fee
    50L - 5Crs
    1 - 25 Years
    Response Time : Within 30 minutes
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    Good to Know
    8.55% - 8.99% Floating
    ₹5,000 to ₹10,000 + applicable tax One time fee
    20L - 10Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
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    Perks
    Think about
    Good to Know
    9.25% Floating
    0.50% (min. ₹10,000)
    1Cr - 5Crs
    1-20 Years
    Response Time : Within 30 minutes
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    Perks
    Fees & Charges
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    9.25% - 11.20% FIXED
    Up to 0.5% One time fee
    2L - 3Crs
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
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    Perks
    Fees & Charges
    Good to Know

    HDFC home construction loans are loans offered to applicants who desire to construct their own home, plan its architecture and design the interiors. Individuals can make their dream home a reality well-matched to your family needs without having to compromise with any aspects with the help of home construction loans.

    HDFC home construction loans for salaried individuals

    Salient Features

    • This loan can be applied by salaried individuals who are looking for construction on a plot allotted by a development authority or on a freehold/leasehold plot.
    • An integrated branch network provided by HDFC to help customers avail the loan anywhere in the country.
    • For applicants employed in the Indian Army, special provision with Army Group Insurance Fund (AGIF) for home loans.
    • To make repayment affordable and easier for its customers, HDFC offers attractive interest rates on the home loan.
    • No hidden charges.

    Who can apply?

    The HDFC home construction loan can either be applied individually or jointly. All proposed owners of the property should be co-applicants. However, co-applicants are usually close family member and need not be co-owners.

    Loan term

    • For the Telescopic Repayment Option under the Adjustable Rate Home Loan, the maximum period during which the home loan can be repaid can be up to 30 years. The maximum repayment period for other home loan products will be up to 20 years.
    • The term of the loan is decided based of the applicant’s profile, age of the property at loan maturity, age of the applicant at loan maturity, the type of repayment option chosen by the applicant and other terms applicable depending on HDFC’s prevalent norms.

    Maximum loan amount for salaried individuals

    Loan Amount Maximum Funding*
    Up to Rs.30 lakh 90% of the property cost
    Rs.30.01 lakh to Rs.75 lakh 80% of the property cost
    Over Rs.75 lakh 75% of the property cost

    * dependant on the customer’s repayment capacity, as assessed by HDFC

    Type of home loans for salaried individuals

    • Adjustable Rate Home Loan The home loan is linked to HDFC’s Retail Prime Lending Rate (RPLR). The rate of interest on your loan will be revised once in three months if there is a change in the RPLR. The revised interest rate shall be decided based on the date of the first disbursement irrespective of a change in the EMI. An increase in the interest rate raises the EMI component while reducing the principal component of your repayment. This shall result an extension in the loan tenure, and vice versa when the rate of interest drops.
    • TruFixed Home Loan - 2/3 Year Fixed Rate Variant

    This loan provides customers a part adjustable rate term and a part fixed rate term. Under the TruFixed Home Loan, the applicant can avail fixed rate up to 2/3 years, after which the loan will change to an adjustable rate loan automatically, adding up to a total of a 20 year as loan term.

    HDFC home construction interest rates for salaried individuals

    • Adjustable Home Rate Loan

    The Retail Prime Lending Rate for salaried individuals stands at 16.75%

    Loan Slab Loan Amount HDFC Home Loan Interest Rates (% p.a.)
    For Women Up to Rs.30 lakh 8.80% to 9.30%
    From Rs.30.01 lakh to Rs.75 lakh 8.95% to 9.45%
    Above Rs.75 lakh 9.00% to 9.50%
    For Others Up to Rs.30 lakh 8.85% to 9.35%
    From Rs.30.01 lakh to Rs.75 lakh 9.00% to 9.50%
    Above Rs.75 lakh 9.05% to 9.55%

    *The interest rates are applicable only for loans under the Adjustable Rate Home Loan Scheme of HDFC and can be revised at the time of disbursement.

    • TruFixed Loan - 2 Year Fixed Rate Variant

    The Retail Prime Lending Rate (RPLR) stands at 16.75%

    Loan Slab Loan Amount HDFC Home Loan Interest Rates (% p.a.)
    For Women Up to Rs.30 lakh 9.30% to 9.80%
    From Rs.30.01 lakh to Rs.75 lakh 9.45% to 9.95%
    Above Rs.75 lakh 9.50% to 10.00%
    For Others Up to Rs.30 lakh 9.35% to 9.85%
    From Rs.30.01 lakh to Rs.75 lakh 9.50% to 10.00%
    Above Rs.75 lakh 9.55% to 10.05%

    Documents required for HDFC home construction loan: salaried individuals

    Here are the documents you will have to submit for all applicants and co-applicants along with the signed application form for the approval of your loan:

    Purpose Documents
    Proof of identity and residence (Any 1)
    1. Voter ID Card
    2. Aadhaar Card
    3. Valid Driving Licence
    4. Valid Passport
    Proof of income
    1. Latest Form 16 and Income Tax Returns
    2. Last three months’ salary slips
    3. Last six months’ bank statements, showing salary credits
    Other documents
    1. Passport size photograph of all the co-applicants/applicants to be affixed on the application form and signed across
    2. Last six months’ bank statements showing repayment of any ongoing loans.
    3. Cheque for processing fee favouring HDFC Ltd.
    4. Own contribution proof
    5. Employment contract/appointment letter in case current employment is less than a year old
    Property related documents
    1. Title deeds of the plot.
    2. Copy of the plans, approved by the local authorities,
    3. The estimate of the construction by a civil engineer or an architect.
    4. Proof of no encumbrances on the property

    Repayment options for HDFC home construction loan

    • Telescopic Repayment Option

    The applicant who chose this repayment option will be offered a longer repayment term up to 30 years meaning smaller EMIs and an increase in the loan amount eligibility.

    • Accelerated Repayment Scheme

    This option provides individuals the flexibility to increase EMIs every year in proportion to their increase in his/her income so that they can repay the loan at a much faster rate.

    • Tranche Based EMI

    This option might be the choice for individuals who wish to start repayment on the principal immediately after the initial disbursement instead of paying EMIs only after servicing only the interest on the loan amount drawn until the final disbursement.

    • Flexible Loan Installments Plan (FLIP)

    FLIP provides individuals a customised solution based on your repayment capacity which is likely to changed during the loan tenure. The home loan is structured in such a way that the EMIs are higher during the initial years and decreases eventually in proportion to the customer’s income.

    • Step Up Repayment Facility (SURF)

    This option offers individuals the choice of linking the repayment schedule to his/her expected growth in income. One can avail a higher loan amount and pay lower EMIs during the initial years. The repayment will be accelerated proportionately with the expected increase in your income.

    HDFC home construction loan fees and charges

    Given below is the list of fees/charges/other outgoings that can be payable depending on the type of loan applied for.

    • Processing fees: For self-employed professionals, Rs.3,000 or up to 0.50% of the loan amount whichever is higher, and other additional applicable taxes.
    • Prepayment charges:
    Adjustable Rate Home Loans (ARHL) Adjustable Rate Loans (ARHL):
    • No prepayment charges will be payable on account of full/part payments for loans sanctioned to individual borrowers.
    • For loans sanctioned to individual borrowers with firm, company, etc. as a co-applicant. Prepayment charges at 2% plus taxes, as may be applicable from time to time, of the amount being prepaid are payable.
    • The customer will have to submit documents that HDFC deems fit and proper to confirm the source of funds at the time of prepayment of the loan.
    Fixed Rate Home Loans (FRHL) Fixed Rate Loans (FRHL)
    • No prepayment charges will be applicable for part/full payments made from own sources i.e., sources other a bank/NBFC/HFC or financial institutions
    • The customer should submit documents that HDFC sees fit and proper to determine the source of funds.
    • Prepayment charges will be 2% plus taxes and statutory levies and charges of the outstanding amounts being so prepaid through any financial institution or any bank and will be applied to all full/ partial prepayments.
    Fixed and Variable Rate Loans (Combination rate) Fixed and Variable Rate Loans (Combination rate)
    • During the Fixed Rate period:
      • The prepayment charges will be 2%, plus applicable taxes and statutory charges and levies of the outstanding amount being so prepaid through refinance from financial institutions or any banks and will be applicable to all partial/full prepayments.
      • The customer must submit documents that HDFC approves to confirm the source of funds at the time of prepayment of the loan.
    • During Variable Rate period:
      • No prepayment charges will be applicable on account of full/partial prepayments for loan sanctioned to individual borrowers.
      • For loans sanctioned to individual borrowers with firm, company, etc. as a co-applicants. Prepayment charges at 2% plus taxes and statutory charges, as may be applicable from time to time, of the amount being prepaid are payable.
    The prepayment charges mentioned will be applicable from the date of execution of the loan agreement. However, the charged are subject to change from time to time depending on the prevailing policies of HDFC. Customers can refer www.hdfc.com for the current charges applicable on prepayments.
    • Conversion fees:

    HDFC bank offers its existing customers the privilege of conversion facility to bring down applicable interest rates on the loan by switching between schemes. One can utilise this facility by paying a fee and choose to either reduce the loan tenure or the EMI. Here are the options of conversions available for the existing HDFC customers:

    Name of the service/product Name of the charge/fee levied When payable Frequency Amount in rupees
    Switch to lower rate in Variable Rate Loans (Housing/improvement/extension) Conversion fees On conversion On every spread change Up to 50% of the principal outstanding and undisbursed amount at the time of conversion or a cap Rs.50,000 plus taxes whichever is lower.
    Switching to Variable Rate Loan from Fixed Rate Loan (Housing/improvement/extension) Conversion fees On conversion Once Up to 50% of the principal outstanding and undisbursed amount at the time of conversion or a cap Rs.50,000 plus taxes whichever is lower.
    Switching from Trufixed Fixed Rate to Variable Rate Loan Conversion fees On conversion Once 1.75% of the principal outstanding and undisbursed amount plus taxes at the time of conversion.
    Switch to Lower Rate (Non-Housing Loans) Conversion fees On conversion On every spread change Half of the spread difference on the principal outstanding and undisbursed amount plus taxes, with a minimum fee of 0.5% and a maximum fee of 1.50%.
    Switch to Lower Rate (Non-Housing Loans) Conversion fees On conversion On every spread change 0.5% of principal outstanding and undisbursed amount plus taxes at the time of conversion.
    • Cheque dishonour charges:

    Rs.200 (conditions apply)

    • Fees on account of external opinion:

    The external opinion can be either from technical valuers or advocates and the fees can be paid directly to the concerned person depending on the kind of assistance rendered.

    • Property insurance:

    The customer should regularly pay the premium amounts directly to the insurance provider to keep the policy active during the loan tenure.

    • Charges on account of delayed payments:

    The customer is liable to pay additional interests up to 24% p.a in case the payment of interest or EMI has been delayed.

    • Incidental charges:

    Incidental charges and expenses are imposed to cover for the charges, cost and other expenses that may have been utilised to recover dues from a defaulting customer.

    • Statutory/regulatory charges:

    The customer will be solely responsible for all charges applicable on stamp duty/MOD/MOE/Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI). One can refer to www.cersai.org.in for all such charges.

    • List of documents:

    Up to Rs.500

    • Photocopy of documents:

    Up to Rs.500

    • Increase/decrease in loan term:

    Up to Rs.500 plus applicable loan term

    • Disbursement cheque cancellation charge post disbursement:

    Up to Rs.200

    • PDC swap:

    Up to Rs.200

    • Re-appraisal of loan after 6 months from sanction:

    Up to Rs.2000 plus applicable taxes

    HDFC home construction loans for self employed individuals

    Salient Features

    • This loan can be applied by self employed individuals who are looking for construction on a plot allotted by a development authority or on a freehold/leasehold plot.
    • An integrated branch network provided by HDFC to help customers avail the loan anywhere in the country.
    • To make repayment affordable and easier, HDFC offers its customers attractive interest rates on the home loan.
    • Doorstep assistance on your home loan.
    • Innovative schemes available for your loan.
    • No hidden charges.

    Loan Essentials

    Classification of self-employed customers:

    Self-Employed Professional (SEP) Self-Employed Non-Professional (SENP)
    Doctor Trader
    Lawyer Contractor
    Architect Commision Agent etc.
    Engineer  
    Company Secretary  
    Consultant  
    Chartered Accountant etc.  

    Who can apply?

    The HDFC home construction loan can either be applied individually or jointly. All proposed owners of the property should be co-applicants. However, co-applicants are usually close family member and need not be co-owners.

    Loan term

    • For the Telescopic Repayment Option under the Adjustable Rate Home Loan, the maximum period during which the home loan can be repaid can be up to 30 years. The maximum repayment period for other home loan products will be up to 20 years.
    • The term of the loan is decided based of the applicant’s profile, age of the property at loan maturity, age of the applicant at loan maturity, the type of repayment option chosen by the applicant and other terms applicable depending on HDFC’s prevalent norms.

    Maximum loan amount for self employed individuals

    Loan Amount Maximum Funding*
    Up to Rs.30 lakh 90% of the property cost
    Rs.30.01 lakh to Rs.75 lakh 80% of the property cost
    Over Rs.75 lakh 75% of the property cost

    * dependant on the customer’s repayment capacity, as assessed by HDFC

    Type of home loans for self employed individuals

    • Adjustable Rate Home Loan The home loan is linked to HDFC’s Retail Prime Lending Rate (RPLR). The rate of interest on your loan will be revised once in three months if there is a change in the RPLR. The revised interest rate shall be decided based on the date of the first disbursement irrespective of a change in the EMI. An increase in the interest rate raises the EMI component while reducing the principal component of your repayment. This shall result an extension in the loan tenure, and vice versa when the rate of interest drops.
    • TruFixed Home Loan - 2/3 Year Fixed Rate Variant

    This loan provides customers a part adjustable rate term and a part fixed rate term. Under the TruFixed Home Loan, the applicant can avail fixed rate up to 2/3 years, after which the loan will change to an adjustable rate loan automatically, adding up to a total of a 20 year as loan term.

    HDFC home construction interest rates for self-employed professionals

    • Adjustable Home Rate Loan

    The Retail Prime Lending Rate for self-employed professionals stands at 16.75%

    Loan Slab Loan Amount HDFC Home Loan Interest Rates (% p.a.)
    For Women Up to Rs.30 lakh 8.80% to 9.30%
    From Rs.30.01 lakh to Rs.75 lakh 8.95% to 9.45%
    Above Rs.75 lakh 9.00% to 9.50%
    For Others Up to Rs.30 lakh 8.85% to 9.35%
    From Rs.30.01 lakh to Rs.75 lakh 9.00% to 9.50%
    Above Rs.75 lakh 9.05% to 9.55%

    *The interest rates are applicable only for loans under the Adjustable Rate Home Loan Scheme of HDFC and can be revised at the time of disbursement.

    • TruFixed Loan - 2 Year Fixed Rate Variant

    The Retail Prime Lending Rate (RPLR) stands at 16.75%

    Loan Slab Loan Amount HDFC Home Loan Interest Rates (% p.a.)
    For Women Up to Rs.30 lakh 9.30% to 9.80%
    From Rs.30.01 lakh to Rs.75 lakh 9.45% to 9.95%
    Above Rs.75 lakh 9.50% to 10.00%
    For Others Up to Rs.30 lakh 9.35% to 9.85%
    From Rs.30.01 lakh to Rs.75 lakh 9.50% to 10.00%
    Above Rs.75 lakh 9.55% to 10.05%

    HDFC home construction interest rates for self-employed non-professionals

    • TruFixed Loan - 2 Year Fixed Rate Variant

    The Retail Prime Lending Rate for self-employed non-professionals holds at 16.75%

    Loan Slab Loan Amount HDFC Home Loan Interest Rates (% p.a.)
    For Women Up to Rs.30 lakh 9.45% to 9.95%
    From Rs.30.01 lakh to Rs.75 lakh 9.60% to 10.10%
    Above Rs.75 lakh 9.65% to 10.15%
    For Others Up to Rs.30 lakh 9.50% to 10.00%
    From Rs.30.01 lakh to Rs.75 lakh 9.65% to 10.15%
    Above Rs.75 lakh 9.70% to 10.20%

    *The above mentioned interest rates are applicable for home loans under the Adjustable Rate Home Loan Scheme of HDFC and may be revised at the time of disbursement.

    • Adjustable Rate Home Loan

    The Retail Prime Lending Rate (RPLR) stands at 16.75%

    Loan Slab Loan Amount HDFC Home Loan Interest Rates (% p.a.)
    For Women Up to Rs.30 lakh 8.95% to 9.45%
    From Rs.30.01 lakh to Rs.75 lakh 9.10% to 9.60%
    Above Rs.75 lakh 9.15% to 9.65%
    For Others Up to Rs.30 lakh 9.00% to 9.50%
    From Rs.30.01 lakh to Rs.75 lakh 9.15% to 9.65%
    Above Rs.75 lakh 9.20% to 9.70%

    Documents required for HDFC home construction: self employed

    Here are the documents you will have to submit for all the applicants and co-applicants along with the signed application form for the approval of your loan:

    Purpose Documents
    Proof of identity and residence (Any 1)
    1. Voter ID Card
    2. Valid Driving Licence
    3. Aadhaar Card
    4. Valid Passport
    Proof of income
    1. Income Tax Returns (ITR) along with computation of income for the previous three assessment years.
    2. Savings account statements of the individual and current account statements of the business entity for the last six months
    3. Balance sheet and Profit and Loss account statements with schedules/annexures
    (Documents of both the individual and the business entity should be attested by attested by a CA for points 2 and 3)
    Other documents
    1. Business profile
    2. Latest Form 26AS
    3. List of directors and shareholders with their individual shareholding certified by a CS/CA in case of the business entity being a company
    4. Memorandum and Articles of Association of the company
    5. Partnership deed if the business entity is a partnership firm
    6. Details of outgoing loans of the individual and the business entity with the outstanding amount, instalments, security, purpose, balance loan term, etc.
    7. Cheque for processing fee favouring HDFC Ltd.
    8. Passport size photograph of the applicants/co-applicants on the application form and signed across
    9. Own contribution proof
    Property related documents
    1. Title deeds of the plot.
    2. Copy of the plans, approved by the local authorities,
    3. The estimate of the construction by a civil engineer or an architect.
    4. Proof of no encumbrances on the property.

    Repayment options for self employed individuals

    • Telescopic Repayment Option

    The applicant who chose this repayment option will be offered a longer repayment term up to 30 years meaning smaller EMIs and an increase in the loan amount eligibility.

    • Accelerated Repayment Scheme

    This option provides individuals the flexibility to increase EMIs every year in proportion to their increase in his/her income so that they can repay the loan at a much faster rate.

    • Tranche Based EMI

    This option might be the choice for individuals who wish to start repayment on the principal immediately after the initial disbursement instead of paying EMIs only after servicing only the interest on the loan amount drawn until the final disbursement.

    HDFC home construction fees and charges loans for self employed

    Given below is the list of fees/charges/other outgoings that can be payable depending on the type of loan applied for.

    • Processing fees:
      • For self-employed professionals

    Rs.3,000 or up to 0.50% of the loan amount whichever is higher, and other additional applicable taxes.

      • For self-employed non-professionals

    Rs.4,500 or up to 1.50% of the loan amount whichever is higher, and other additional applicable taxes.

    • Prepayment charges:
    Adjustable Rate Home Loans (ARHL) Adjustable Rate Loans (ARHL):
    • No prepayment charges will be payable on account of full/part payments for loans sanctioned to individual borrowers.
    • For loans sanctioned to individual borrowers with firm, company, etc. as a co-applicant. Prepayment charges at 2% plus taxes, as may be applicable from time to time, of the amount being prepaid, are payable.
    • The customer will have to submit documents that HDFC deems fit and proper to confirm the source of funds at the time of prepayment of the loan.
    Fixed Rate Home Loans (FRHL) Fixed Rate Loans (FRHL)
    • No prepayment charges will be applicable for part/full payments made from own sources i.e., sources other a bank/NBFC/HFC or financial institutions
    • The customer should submit documents that HDFC sees fit and proper to determine the source of funds.
    • Prepayment charges will be 2% plus taxes and statutory levies and charges of the outstanding amounts being so prepaid through any financial institution or any bank and will be applied to all full/ partial prepayments.
    Fixed and Variable Rate Loans (Combination rate) Fixed and Variable Rate Loans (Combination rate)
    • During the Fixed Rate period:
      • The prepayment charges will be 2%, plus applicable taxes and statutory charges and levies of the outstanding amount being so prepaid through refinance from financial institutions or any banks and will be applicable to all partial/full prepayments.
      • The customer must submit documents that HDFC approves to confirm the source of funds at the time of prepayment of the loan.
    • During Variable Rate period:
      • No prepayment charges will be applicable on account of full/partial prepayments for loan sanctioned to individual borrowers.
      • For loans sanctioned to individual borrowers with firm, company, etc. as a co-applicants. Prepayment charges at 2% plus taxes and statutory charges, as may be applicable from time to time, of the amount being prepaid are payable.
    The prepayment charges mentioned will be applicable the date of execution of the loan agreement. However, the charged are subject to change from time to time depending on the prevailing policies of HDFC. Customers can refer www.hdfc.com for the current charges applicable on prepayments.
    • Conversion fees:

    HDFC bank offers its existing customers the privilege of conversion facility to bring down applicable interest rates on the loan by switching between schemes. One can utilise this facility by paying a fee and choose to either reduce the loan tenure or the EMI. Here are the options of conversions available for the existing HDFC customers:

    Name of the service/product Name of the charge/fee levied When payable Frequency Amount in rupees
    Switch to lower rate in Variable Rate Loans (Housing/improvement/extension) Conversion fees On conversion On every spread change Up to 50% of the principal outstanding and undisbursed amount at the time of conversion or a cap Rs.50,000 plus taxes whichever is lower.
    Switching to Variable Rate Loan from Fixed Rate Loan (Housing/improvement/extension) Conversion fees On conversion Once Up to 50% of the principal outstanding and undisbursed amount at the time of conversion or a cap Rs.50,000 plus taxes whichever is lower.
    Switching from Trufixed Fixed Rate to Variable Rate Loan Conversion fees On conversion Once 1.75% of the principal outstanding and undisbursed amount plus taxes at the time of conversion.
    Switch to Lower Rate (Non-Housing Loans) Conversion fees On conversion On every spread change Half of the spread difference on the principal outstanding and undisbursed amount plus taxes, with a minimum fee of 0.5% and a maximum fee of 1.50%.
    Switch to Lower Rate (Non-Housing Loans) Conversion fees On conversion On every spread change 0.5% of principal outstanding and undisbursed amount plus taxes at the time of conversion.
    • Cheque dishonour charges:

    Rs.200 (conditions apply)

    • Fees on account of external opinion:

    The external opinion can be either from technical valuers or advocates and the fees can be paid directly to the concerned person depending on the kind of assistance rendered.

    • Property insurance:

    The customer should regularly pay the premium amounts directly to the insurance provider to keep the policy active during the loan tenure.

    • Charges on account of delayed payments:

    The customer is liable to pay additional interests up to 24% p.a in case the payment of interest or EMI has been delayed.

    • Incidental charges:

    Incidental charges and expenses are imposed to cover for the charges, cost and other expenses that may have been utilised to recover dues from a defaulting customer.

    • Statutory/regulatory charges:

    The customer will be solely responsible for all charges applicable on stamp duty/MOD/MOE/Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI). One can refer to www.cersai.org.in for all such charges.

    • List of documents:

    Up to Rs.500

    • Photocopy of documents:

    Up to Rs.500

    • Increase/decrease in loan term:

    Up to Rs.500 plus applicable loan term

    • Disbursement cheque cancellation charge post disbursement:

    Up to Rs.200

    • PDC swap:

    Up to Rs.200

    • Re-appraisal of loan after 6 months from sanction:

    Up to Rs.2000 plus applicable taxes

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