Home Loan Processing Fees & Service Charges

Up to 2% of Loan Amount.

The processing/login fee is a one-time non-refundable fee and is collected by the Bank for the purpose of appraising the Application for the Facility and the same is independent of the outcome or result of such appraisal. The processing/login fee is payable at the time of submitting of the Application, by way of Cheque or Demand Draft favoring the Bank and/or such other mode as may be acceptable to the Bank.

0.25 % of Facility Amount or ₹5000/- whichever is lower.

(The Administrative charges are a one-time non-refundable charge collected by the Lender for the purpose of appraising the valuation and legal verification of property to ascertain suitability of accepting the property for mortgage and the same is independent of the outcome /result of such appraisal. Please note that the administrative charges are payable at the time of disbursement of the Facility)

Minimum 30% utilization required on a quarterly average basis. Charge of 0.5% will be levied on the deficit amount*.

* Not applicable for salaried customers

Applicable for loans till 31st Dec 2025

1) For the Facility with Fixed Interest Rate at the time of prepayment:
a) 2% on Home loan, Home improvement loan, Land loan and Topup on home loan on amount prepaid and on all amounts tendered by the Borrower(s) towards prepayment of the Facility during the last one year from the date of final prepayment.
b) 4% on Non-home loan* on amount prepaid and on all amounts tendered by the Borrower(s) towards Prepayment of the Facility during the last one year from the date of final prepayment.
c) Nil Prepayment charges on fixed rate loans if loan is booked under priority sector lending and Borrower(s) type is Small or Micro and Loan Amount is less than or equal to Rs50 lacs.

2) For the Facility with Adjustable prepayment at the time of prepayment:
a) Nil prepayment charges on home loan, home improvement loan and land loan.
b) Nil prepayment charges on top up on home loan where the Borrower(s) is individual and the end use of the loan facility is other than business purpose.
c) 2% on top up on home loan on amount prepaid and on all amounts tendered by the Borrower(s) towards prepayment of the Facility during the last one year from the date of final prepayment where the loan is given to individual Borrower(s) for business purpose and to Non-Individual Borrower(s) for all purpose. Nil prepayment charges will be applicable if loan is booked under priority sector lending and Borrower(s) type is Micro or Small Enterprise.
d) Nil prepayment charges on Non-home loan* where loan is given to Individual Borrower(s) and the end use of the Facility is other than business purpose.
e) 4% on Non-home loan* on amount prepaid and on all amounts tendered by the Borrower(s) towards prepayment of the Facility during the last one year from the date of final prepayment where the loan is given to individual Borrower(s) for business purpose and to non-individual Borrower(s) for all purpose. Nil prepayment charges if the loan is booked under priority sector lending and Borrower(s) type is Micro or Small Enterprise.
f) Nil prepayment charges on Money Saver Account.

*None Home Loan - Loan Against Property, Non Residential Premises, Lease Rental Discounting,
Non Home Loan Top Up, Retail Trade Finance, Over Draft)

Applicable for loans and advances sanctioned or renewed on or after 1st Jan 2026

Prepayment charges on the Facility with Fixed Interest Rate at the time of prepayment:
1) Home loan, Home improvement loan, Land Loan & Home Loan-Top Up - 2% on amount being prepaid**.
2) Non-Home Loan* - 4% on amount being prepaid**.
3) Loan booked under priority sector lending and Borrower(s) type is Small or Micro and Loan Amount is less than or equal to Rs. 50 lacs-Nil

Prepayment charges on the Facility with Adjustable Interest Rate at the time of prepayment:
1) Home loan, Home improvement loan, Land loan,Money Saver -Nil
2) Non Home Loan* & Top up on home loan where the Borrower(s) is individual - Nil
3) Non-home loan* and Top up on home loan where the Borrower(s) is Micro or Small Enterprise (MSE) - Nil
4) Topup on home loan where all the Borrower(s) are non-individual & non MSE-2% on amount being prepaid**
5) Non Home Loan* where all the Borrower(s) are non-individual & non MSE-4% on amount being prepaid**

For overdraft facility:
1)Prepayment request 30 days prior to renewal date:Nil prepayment charges
2)Prepayment request post renewal date: Non-home loan* Prepayment charges will be applicable and charges shall be levied on an amount not exceeding the sanctioned limit.


*(Loan against property, Non Residential Premises, Lease Rental Discounting, Non Home Loan Top Up, Retail Trade Finance and Overdraft)
**outstanding amount at the time of loan prepayment.

• For all floating (adjustable) rate linked term loan to Fixed or floating (adjustable) ₹3,000.

• Semi Fixed / Fixed Interest Rate to Adjustable Interest Rate - 2% of the principal outstanding

• For Overdraft - 0.5% of the principal outstanding

In case of land loan, the Borrower(s) shall complete the construction of the house within 4 years. If the construction of the house is not completed within 4 years from the first disbursement date the Borrower shall be liable to pay Penal Charges as under -

1% annually on the principal outstanding or ₹50,000/- whichever is lower or such other amount as may be specified by the Bank from time to time and it shall be levied as per the discretion of the Bank.

Penal Charges will be levied every year after 4 years till the construction is completed.

₹5,000/-

Not applicable for Money Saver and Insta OD.

₹50/- (For loan upto 5L)

₹100/- (For loan above 5L)

Home Loan

7.15%

12.5%

7.92%

Non Home Loan

7.25%

12.20%

8.54%

Up to ₹ 25 lakh

within 14 working days

Above ₹ 25 lakh

within 6 weeks