Important Announcement
Application to Term Loans
Term Loans above Rs.1 lac but Up to Rs. 5 crore 1.15% of loan amount 1.15% of loan amount
Term Loans above Rs.5 crores but Up to Rs. 10 crore 1.25% of loan amount 1.25% 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 Up to Rs.10 lac :– Rs.500 per lakhs Above Rs.10 lac but up to Rs.5 crore:- Rs.11200/- Above Rs.5 crore – Rs.15000/- Per borrowing entity with FB limits of Up to Rs.10 lakhs :– Rs.500 per lakhs (No Change – small borrowers have been spared from the increase) Above Rs.10 lakhs but up to Rs.5 crore:- Rs.15000/- Above Rs.5 crore – Rs.20000/-
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 favour of other lenders