Important Announcement
Applicable to Term Loan
APPLICABLE TO TERM LOANS: Upfront fee
PARTICULAR EXISTING REVISED
Term Loan up to Rs. 25000/- Rs. 100/- Nil
Term Loan up to Rs. 25001/- to Rs. 1 lac Rs. 500/- Rs. 600/-
Term Loans above Rs.1 lakh but Up to Rs. 5 crore 1.25% of loan amount 1.50% of loan amount
Term Loans above Rs.5 crores but Upto Rs. 10 crore 1.35% of loan amount 1.50% of loan amount
For schemes where refinance is obtained. As specified by refinancing agency As specified by refinancing agency
Equitable Mortgage (SSI & C&I only) Not to be recovered from SBF, PER & AGL Segment Borrowers) Per borrowing entity with FB limits of Upto Rs.10 lac :– Rs.500 per lac Above Rs.10 lac but up to Rs.5 crore:- Rs.15000/-, Above Rs.5 crore – Rs.20000/- Per borrowing entity with FB limits of Up to Rs.10 lac:– Rs.750 per lac (No Change – small borrowers have been spared from the increase), Above Rs.10 lac but up to Rs.5 crore:- Rs.20000/-, Above Rs.5 crore – Rs.25000/-
• The charges are applicable for extension of mortgage for enhancement and for submission of title deeds.
• The charge specified is applicable per instance irrespective of the number of title deeds.
• The charge is applicable for extensions of equitable mortgage recorded in favor of other lenders.