Loan Against Property

Rate of Interest

9.25% – 18.20%

Processing Fees

Up to 2% of Loan Amount plus applicable taxes

Part Prepayment / Foreclosure Charge

  • No pre-payment in the first 6 months of the loan
  • Minimum pre-payment amount is 2 EMI’s or Rs. 100,000 whichever is higher


  • Floating Rate Loans:
    1.  Individual Borrowers* : Nil
    2. Non Individual Borrowers**:  5% of Prepaid / Outstanding amount

                                                         plus applicable taxes

  • Fixed Rate Loans : 5% of Prepaid / Outstanding amount plus applicable taxes

Late payment Charges/Penal Interest

24 % per annum

Cheque Swap Charge

Up to Rs. 500 plus applicable taxes per Swap

Document Retrieval Charge

Up to Rs. 500 plus applicable taxes

Cheque Bounce Charge

Up to Rs.500 plus applicable charges per bounce

Duplicate Statement Issuance Charge

Up to Rs. 500 plus applicable taxes per document

Cheque Pick up Charge

Up to Rs. 150 plus applicable taxes per pick up

CERSAI charges

  • Rs.100 plus applicable taxes (for  Loans above Rs. 5 Lacs)
  • Rs. 50 plus applicable taxes (for Loans upto Rs. 5 Lacs)

You may visit the website of CERSAI for details of such charges.

NeSL Data Submission Charges

(plus applicable taxes)

* For more information, kindly visit                                           for details of charges.



Other Commercial entities


Data submission per loan record of a borrower for each year

1st loan record –

Rs. 300/-;

2-10 loan record–

Rs. 100/- each

11th onwards – Rs. 50/- each

Annual renewal fee-


1st loan record –

 Rs. 150/-

2nd onwards –

Rs. 50/- each

Annual renewal fee-


Unsecured- All loan records- Rs. 25/- each

Secured- All loan records-

Rs. 50/- per loan account

(one time fee) (Rs.10 for annual updation after completion of period of 5 years from the date of 1st submission)

Stamp Duty & other statutory Charges

As per applicable laws of the State

Conversion Fee

Up to 1.5% of the Loan outstanding plus applicable taxes will be charged for reduction in the Interest rate of existing Loans

Nil foreclosure charges/pre-payment charges applicable for floating term loans sanctioned for loan purposes other than business to individuals borrowers.


**Non individual borrower means and includes Sole Proprietorship Concern, HUF, Partnership Firm, Company, Limited Liability Partnership (LLP), AOI, BOI.


You shall be required to submit a Prepayment Request Letter along with copies of your Bank Statement or any other document that the Company deems necessary to ascertain the source of funds used for the prepayment.

All charges, taxes and other taxes, levies etc. applicable as per the prevailing rate will be charged over and above these charges. This statement of charges is as on date of disbursement and are subject to changes / revision from time to time and the same will be updated on the website.