Bank Name
 |
Floating Interest rate
|
Processing Fee |
Prepayment Charges |
Apply |
| State Bank Of India |
10.50%(special scheme up to 30-9-2012) , than 10.75% |
5,000 + service tax (Upto 30lacs), 10,000 + service tax (above 30lacs) |
Nil |
|
| ICICI Bank |
Scheme I :10.50% (Fixed 1 yr)
Scheme II : 10.75% (Fixed 2yrs)
Scheme III : 10.75% (Fixed 3yrs),
then 10.50% |
0.50% of loan amount upto 1 crore |
N.A |
|
| HDFC Ltd |
10.50% |
0.5% or maximum 10,000+service tax (12.36%) |
No prepayment charges shall be payable for partial or full prepayments irrespective of the source |
|
| HSBC Bank |
10% to 13% |
INR 10,000 plus service tax & cess
|
1% of the loan amount applied for, subject to a minimum of Rs 10000 plus service tax. This fee is payable on application and is not refundable |
|
| LIC Housing |
Scheme I : 10.40%
Scheme II : 10.70% (Fixed for 3 yrs), 11.15% (Fixed for 5 yrs) |
Up to 30 lacs : 10,000 + (Service tax)
30 - 50 lacs : 15,000 + (service tax)
50 lacs - 1Cr : 20,000 + (service tax)
1Cr & above : 20,000 + (service tax) |
Nil |
|
| AXIS Bank |
Scheme I : 11.75% (Fixed for 20 yrs)
Scheme II : 10.75% |
Rs.5515 (Upto 30Lacs), Then 10,000 + Service Tax |
2% (For Scheme I)
Nil (For Scheme II) |
|
| IDBI |
10.75% - 11.75% (Upto 25Lacs), Then 11%-12% |
Up to 1%of loan amount
(Rs 2500 to be collected at login and balance at the time of sanction ) |
If Balance Transfer then 2% Otherwise Nil |
|
| ING Vysya |
10.75% |
5000 + 12.36% (service tax) (Upto 20Lacs)
5000 + 12.36% (service tax) (Above 20Lacs) |
If 25% of outstanding amount is paid every year -No Penalty , otherwise 2% of outstanding amount |
|
| Standard Chartered |
10.40% (Upto 25Lacs), Then 10.65% |
Rs.7500/- + Service tax |
NIL |
|
| DHFL |
11.50% |
NIL |
If 25% of outstanding amount is paid every year -No Penalty , otherwise 2% of outstanding amount |
|
| Citibank |
10.50% - 11.25% |
0.50% |
after 3 yrs no prepayment charges |
|
| Deutsche Bank |
10.75% |
10000 + Service Tax |
up to 90% no charges after that 2.5% |
|
| India Bulls |
10.50% (Upto 25Lacs), Then 10.75% |
upto 30lacs - 2,500 + 12.36% (service tax)
above 30lacs to 1.5Cr - 5,000 + 12.36%(service tax)
Above 1.5Cr - 10,000 + 12.36%(service tax) |
NIL |
|
| Allahabad Bank |
12.50% |
0.50% of loan amount, Maximum Rs. 10,000/- |
N.A |
|
| Bank of Maharastra |
10.80% (Upto 25 lacs) then 11% |
Nil (Upto 25Lacs)
0.50% (Max Rs 50,000/-) (25lacs & above) |
N.A |
|
| Central Bank of India |
10.50% |
0.50 % of loan amount, maximum Rs.20,000/- |
N.A |
|
| Corporation Bank |
10.85% (Upto 25Lacs), then 11.50% |
NIL |
Upto 30 lacs 0.40%
30-75 lacs : 0.50%
75 lacs & above : 0.60% |
|
| Bank of India |
10.50% |
For loans upto Rs.30 lacs One time @ 0.55% of loan amount min. Rs. 3000/- and max. Rs.10000/-
For Loan over Rs.30 Lacs upto Rs.50 lacs – One time flat Rs.15,000/-
For Loan over Rs.50 Lacs upto Rs.1.00 crore – One time flat Rs.20,000/- |
2.25% of outstanding loan amount. |
|
| Union Bank of India |
11.50% |
0.25% of loan amount subject to a maximum of Rs.15000/- plus service tax as applicable
|
0.50% of the loan amount subject to maximum of Rs. 15,000 |
|
| United Bank of India |
10.95% (upto 25 lacs) then 12.10% |
0.50% of the loan amount
|
N.A |
|
| UCO Bank |
12.25% - 12.75% |
- |
N.A |
|
| Bank of Baroda |
11.50% |
N.A |
N.A |
|
| Canara Bank |
11.75% |
|
|
|
| Oriental Bank of Commerce |
11.40% |
NIL |
0.5% of the loan amount or maximum Rs.12,500/-
|
|
| Kotak Bank |
11.25%( for Salaried), 11.50%( for Self Employed) |
0.25% - 0.5% |
2% of Principal Outstanding + 2% on amount prepaid in last 12 months |
|
| Dena Bank |
10.75%
11.25% (fixed) |
N.A |
N.A |
|
| Punjab National Bank |
10.75% |
|
|
|
| First Blue Home Finance |
10.50% (for Salaried / SEP), 11% (For Self Employed) (Upto 25Lacs), Then 10.75% (for Salaried / SEP), 11.25% (For Self Employed) |
Salaried - 0.5% or 6000 whichever is less plus doc charges plus taxes (upto 25 lacs), 0.5% or 10000 whichever is less plus doc charges plus taxes (25-75 lacs), 0.5% or 15000 whichever is less plus doc charges plus taxes (above 75 lacs).
Self Employed - 0.5% plus doc charges plus taxes. |
Nil |
|
| Vijaya Bank |
11.30% |
N.A |
N.A |
|
| Syndicate Bank |
10.75% (Upto 25 Lacs), Then 11.50% |
N.A |
N.A |
|
| Indian Overseas Bank |
11.25% |
N.A |
N.A |
|
| Reliance |
11.5% |
0.75% of loan amount + Service Tax |
0.5% of loan amount |
|
| Federal Bank |
10.73% |
2% on the balance outstanding or DP whichever is higher for credit limit above 2 lac |
0.50% of the limit sanctioned with a minimum of 1000/- |
|
| PNB Housing Finance |
10.75% |
0.5% |
NIL |
|
| Development Credit Bank |
11.50% |
0.5% |
If 25% of outstanding amount is paid within 3 years - No Penalty , otherwise 2% of outstanding amount |
|
| State Bank of Travancore |
11.25% |
Nil |
2% of the outstanding loan amount |
|
| Tata capital Housing Finance ltd |
10.75% |
0.5 to 1% off the loan amount. |
N.A |
|
| Dhanalakshmi Bank |
12.50% (Uto 25Lacs), then 12.75% |
NIL |
25% of outstanding loan amount is paid every financial year without charges. |
|
| Indian Bank |
11% |
1) 0.25 % on Loan amount (Non refundable) (to be remitted at the time of submission of application)
2) 0.32 % on Loan amount (at the time of acceptance of sanction) |
1) No pre-closure charges, if loan is closed out of own funds.
2) 2% on Balance outstanding or applicable Drawing Limit whichever is higher, if loan is closed by way of take over by another Bank / Financial Institution. |
|
