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FEES AND CHARGES ( for HDFC Bank - Home Loans )

FEES AND CHARGES

The following is an indicative list of fees / other charges / outgoings that are payable depending on the nature of the loan availed (*):

Processing fees

Up to 0.50% of the loan amount or Rs.2,000 whichever is higher, plus applicable taxes.

Prepayment charges
  • Adjustable Rate Home Loans [ARHL]  :

    For all loans sanctioned to individual customers:

    No prepayment charges shall be payable on account of part or full prepayments.

    For all other loans:

    There will be no prepayment charges payable for any amount up to and including 25% of the opening principal balance for a given financial year.

    However any part prepayment in excess of 25% or full prepayment shall bear a prepayment charge of 2%, plus applicable taxes, of the amounts being so prepaid if the prepayment is made within 3 years from the date of first disbursement of the loan (such amounts shall include all amounts prepaid during the given financial year).

    There will be no prepayment charges payable for any part prepayment if such a part prepayment is made after 3 years from the date of first disbursement of the loan.

    Full prepayment made after 3 years from date of first disbursement of the loan shall bear a prepayment charge of 2%, plus applicable taxes, of amounts being so prepaid if source of such prepayment is by the way of borrowing from a Bank / Housing Finance Company (HFC) / Non Banking Financial Company (NBFC) or Financial Institution. (such amounts shall include all amounts prepaid during the given financial year).

Cheque Dishonour Charges

Rs.200**

Fees on account of external opinion

Fees on account of external opinion from advocates/technical valuers, as the case may be, is payable on an actual basis as applicable to a given case. Such fees is payable directly to the concerned advocate / technical valuer for the nature of assistance so rendered.

Property insurance

The customer shall pay the premium amounts directly to the insurance provider, promptly and regularly so as to keep the policy / policies alive at all times during the pendency of the loan.

Charges on account of delayed payments

Delayed payment of interest or EMI shall render the customer liable to pay additional interest up to 24% per annum.

Incidental charges

Incidental charges & expenses are levied to cover the costs, charges, expenses and other monies that may have been expended in connection with recovery of dues from a defaulting customer. A copy of the policy can be obtained by customers from the concerned branch on request.

Statutory / Regulatory charges

All applicable charges on account of Stamp Duty / MOD / MOE / Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) or such other statutory / regulatory bodies and applicable taxes shall be borne and paid (or refunded as the case may be) solely by the customer. You may visit the website of CERSAI for all such charges at www.cersai.org.in

List of Documents

Up to Rs.500

Photo Copy of Documents

Up to Rs.500

PDC swap

Up to Rs.200

Disbursement cheque cancellation charge post disbursement

Up to Rs.200

Re-appraisal of loan after 6 months from sanction

Up to Rs.2,000 plus applicable taxes

Increase / decrease in loan term

Up to Rs.500 plus applicable taxes

(*) the contents of the above are subject to change from time to time and the levy of the same shall be at such rates as may be applicable as on the date of such charge.

**Conditions apply.