| Nature of Charges |
LAP/Home Loans/MSE LAP |
PL |
BL |
| Processing fees details |
Min: 0.25% of the loan amount or Rs. 5,000/- whichever is higher
Max:Â 2.5% of the loan amount
|
1% of the Loan Amount |
1% of the Loan Amount |
| Full Prepayment Charges (For fixed rate loans, floating rate loan to non-Individual Borrowers and individual borrowers for business purpose) |
upto 6% of loan outstanding (loan outstanding as on date of closure + pre-payments made in last 12 months from the date of closure) plus applicable taxes |
Loan < 12 Month EMI repayment Vintage : 6% + Applicable Tax on Outstanding Principal
Loan >= 12 Month EMI repayment Vintage :4% + Applicable tax on Outstanding Principal |
Loan < 12 Month EMI repayment Vintage : 6% + Applicable Tax on Outstanding Principal
Loan >= 12 Month EMI repayment Vintage :4% + Applicable tax on Outstanding Principal |
| Part Prepayment Charges (for fixed rate loans and floating rate loans to non individual borrowers and Individual Borrowers) |
upto 6% of the amount prepaid plus applicable taxes |
Part Payment not allowed |
Part Payment not allowed |
| Cheque Bounces Charges |
Rs. 750Â |
| Overdue Interest / Over Instalment charges / Late payment charges / Penal Interest / Additional Interest |
upto 3% per month |
upto 3% per month |
upto 3% per month |
| Repayment Instrument /Cheque Swap Charges |
Rs. 500 plus applicable taxes |
 |
 |
| Loan Statement Charges (Nil for 1st statement every half yearly) |
Nil for 1 statement every half year. Upto Rs. 500 plus applicable taxes thereafter |
Nil for 1 statement every half year. Upto Rs. 500 plus applicable taxes thereafter |
Nil for 1 statement every half year. Upto Rs. 500 plus applicable taxes thereafter |
| NOC Issuance Charges (Nil for first NOC ) |
Nil for first NOC, Rs. 500 plus applicable taxes thereafter |
| Document retrieval charges (per advice) |
Rs. 500 plus applicable taxes |
Not applicable |
Not applicable |
| Loan cancellation charges |
Rs. 2000 plus applicable taxes plus interest charges from the date of disbursement till the date of cancellation |
upto Rs. 2000 plus applicable taxes plus interest to be serviced from the date of disbursement to the date of cancellation |
upto Rs. 2000 plus applicable taxes plus interest to be serviced from the date of disbursement to the date of cancellation |
| Switch charges (for change in the ROI / Rate Type / Margin) |
1% of the outstanding loan amount plus taxes |
| CERSAI Registration Charges |
Rs.100 for a loan above Rs.5 lakh and Rs.50 for loan upto Rs.5 lakh plus applicable taxes |
Not applicable |
Not applicable |
| Loan Reschedulement charges |
upto 0.50% of the loan outstanding plus applicable taxes |
| Any other charges |
As per actuals or as decided by the management from time to time |
| Note: |
 |
 |
 |
| Above charges shall apply, unless specifically communicated by the Company otherwise at the time of sanction. Charges are subject to change and shall be updated on Company's website |
 |
 |
 |
Login
SMA/NPA Awareness
Calculators
Quick Pay
Branch Locator
Support
About Us
Work Spirit at Fedbank
Partner with us
Employee Login
Restart with Fedfina
Awards & Accolades
