Charges/ Fees Loan & Advances

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Loan & Advances Charges/ Fees (w.e.f.-01/04/2026)
A. Processing Charges:-
1)   General:-
Loans Upto Rs.1.00 Crore @ 1% of Loan Sanctioned
Loans above Rs.1.00 Crore @ 0.75% of Loan Sanctioned,
Minimum Rs.1.00 lakh & Maximum Rs.5.00 lakh
In case of Renewal of Limits, @0.35% p.a. of limit (Max Rs.1.50 lakh.)
2)   Others:-
Housing Loans / Education Loans / Marriage Loans / Vehicle Loans / (Small Value Loans - Upto Rs.5.00 lakh) 0.50%
3) Loan against Govt. Securities/LIC 0.25%
4)   Issue of Solvency Certificates Rs.2/- per thousand,
minimum Rs.1,000/- & max Rs.0.25 lakh
(Subject to Negotiation in case amount exceeds Rs.50.00 lakh)
5)   Processing Charges on Bank Guarantees Rs.1/- per thousand, minimum Rs.500/-
& Maximum Rs. 50,000/-
6)   Commission on Bank Guarantees Fully secured by FDR Margin - 1%
Unsecured / Partially secured - 3%
7)   Gold Loan Loan upto Rs.2.50 lakh Rs.500/-
Loan over Rs.2.50 lakh Rs.1,000/-
Pre-payment / Takeover Charges
Closure of Term Loan account within a year 2% of O/s Bal. as per repayment schedule
Closure of Term Loan account between 1 – 2 years 1% of O/s Bal. as per repayment schedule
Closure of Term Loan account after 2 years Nil
In case of CC/OD, if the account is closed before one year 1% of Sanctioned Limit
Take-over of Credit Facilities by any other Bank at any point of time 2% of Total Credit Limits
B. Documentation Charges
1)   Fresh Loans
Small Value Loans (Upto Rs.5.00 lakh) Rs.2,000/-
Housing Loans / Education Loans / Marriage Loans / Vehicle Loans / Business Loans @ 0.15% of sanctioned limit, whichever is higher
Minimum Rs.3,000/- & Maximum Rs.25,000/-
2)   Renewals
Loan Amount Documentation Charges
Upto Rs.5.00 lakh 1,000/-
Above Rs.5.00 lakh upto Rs.25.00 lakh 2,000/-
Above Rs.25.00 lakh upto Rs.100.00 lakh 3,000/-
Above Rs.100.00 lakh 3,500/-
Documentation charges includes charges towards CERSAI & Consumer CIBIL only (Applicant and two guarantors). Additional consumer CIBIL extracted, if any, to be charged Rs. 250/- + GST

For every commercial CIBIL, additional charges of Rs. 1850/- + GST to be recovered
C. Mortgage Charges (Creation)
Loan Amount Documentation Charges
Upto Rs.100.00 lakh 2,500/-
Above Rs.100.00 lakh 3,500/-
Charges for Release of documents of Rs.600/- on closure of account stands Withdrawn.
** Processing Charges on Rejected credit proposals
Loan Amount Existing
Upto 0.50 lakh 500/-
Above 0.50 lakh upto 1 lakh 1,000/-
Above 1 lakh 0.25% of loan amount applied, minimum Rs.1,000/- & Max Rs.5,000/-
D. Penal Charges (For Loan / Cash Credit / Overdraft / Bills facility Accounts)
Schedule of charges for Non-Compliance of Terms & Conditions
Particulars Penal Charges (p.a.) + applicable GST
1) Installments in Arrears 2.00%
2) Interest on Loans remaining O/due 2.00%
3) Non - Renewal of CC / OD facilities on Due Dates 2.00%
4) Non submission of Stock / Debtors Statements before 10th of the succeeding month. In case of Consortium advance, each Bank to levy penal charges if above irregularity observed. 2.00%
5) Overdrawing in CC / OD / Excess of Drawing Power 2.00%
6) In case of any other Irregularity noticed during the currency of Credit facilities sanctioned to the Borrower 2.00%
7) Commitment Charges on Unutilized Portion of CC / OD / OL-OD will be levied as per sanction 1.00% p.a. to be charged half yearly
8) Pre-payment / Foreclosure / Takeover charges on funded exposure  
  a. Closure of TL account within a year 2% of O/s as per repayment schedule
  b. Closure of TL account between 1-2 years 1% of O/s as per repayment schedule
  c. Closure of TL account after 2 years NIL
  d. In case of CC /OD, if the account is closed before One Year 1% of sanctioned limit
  e. Takeover of credit facilities by any other Bank at any point of Time 2% of sanctioned limit – CC/OD 2% of O/s in case of TL
Note :The all above service charges/fees are exclusive of GST (@18%) as applicable under the Finance Act.
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