|
a)Loan Application Form |
Revised |
|
i) Application for Loan/Limit upto Rs.100000/- |
Nil |
|
ii) Application for Loan/LimitRs.100000/- and above |
Nil |
|
b) CIBIL Report/Credit Information Report (Report fee shall be applicable for new and for existing borrower at the time of enhancement |
a) For Consumer Report-Rs.125/- per report;
b) For Commercial Report-Rs.1200/- per report (Report shall also be taken for guarantors)Non Refundable |
|
C) In Principle Approval- |
|
|
1) Application for Loan/Limit upto Rs.25.00 lakhs |
NIL |
|
2) Application for Loan/Limit Rs.25.00 lakhs and upto Rs.50.00 lakhs |
Rs.7500/- |
|
3)Application for Loan/LimitRs.50.00 lakhs and upto Rs100.00 lakhs |
Rs.10000/- |
|
4)Application for Loan/LimitRs.100.00 lakhs and above |
Rs.15000/- |
|
Note: The fee for in principle approval shall be adjusted in processing fee to be collected |
|
|
In case of rejection of proposal by bank, 50% of in principle fee shall be refunded |
|
|
Processing Fees |
|
|
a) For Term Loans/Limit/Non Fund Facilities (On sanctioned amount) |
|
|
i) Upto Rs.25,000/- |
Rs.150/- |
|
ii) Rs.25,000/- and above |
Rs.10/- per thousand of part thereof subject to minimum Rs.500/- and maximum Rs10.00 lakhs |
|
b) Annual Renewal Fees applicable for limit accounts and non fund facilities on the existing terms and conditions |
Rs.3.50/- per thousand or part thereof subject to Minimum of Rs.300/- & maximum Rs.1.50 Lakh. |
|
c) Annual Renewal Fees applicable for limit accounts and non fund facilities with modification in the existing terms and conditions |
Annual Renewal Fees plus Rs.650/- |
|
d) Renewal of limits with enhancement |
Applicable annual renewal fees for existing limit PLUS processing fees at applicable rate for enhanced portion |
|
e) Request for amendment in the terms and conditions of sanction such as release of security, change of guarantor |
For Loan/Limits upto Rs.25.00 lakhs-NIL; For loan/limits above Rs.25.00 lakhs-Rs.15/- per lakh, minimum Rs.500/- maximum Rs.7500/- |
|
f) Ceding of charge on assets to other banks/financial institutions |
0.01% of the loan/limit for which charge is to be ceded, minimum Rs.1000/-, maximum Rs.10000/- |
|
g) Revalidation of sanctions |
25% of applicable processing fees, minimum Rs.500/- |
|
h) Lead Bank charges |
0.40% of limit with member banks |
|
i) For Time extension of limit |
|
|
i) Up to limit of 2 lakh |
Rs.750/- per quarter |
|
ii) Above 2 Lakhs upto 50 Lakhs
Upto 3 months;
Upto 6 months |
Rs. 1250/- Per Quarter
Rs. 2500/- Per Quarter |
|
iii) Above 50 Lakhs |
Rs. 0.10% of Limit Per Quarter |
|
Note: i) Processing fees should be collected in advance at the time of initial processing (new/renewal/enhancement/Adhoc limit etc., |
|
|
ii) The amount collected as a processing fee can be refunded only if the proposal is turned down by the bank. In such cases collect only 50% amount of processing fee or Rs.50000/- whichever is minimum. |
|
|
iii) Branches should mention the amount of processing fee collected from the Party and date of collection on the application form / appraisal note of the borrower without fail before keeping the proposal to the advisory committee |
|
|
iv) Processing fee for Overdraft/ Loan against our own deposits, LIC Policies, NSCs etc should not be collected. |
|
|
v)For Adhoc limit processing fees should be collected after sanction but before disbursement on the amount of Adhoc limit. It should be treated as fresh for each extension. |
|
|
vi)If the party does not submit the information/documents called by the Bank etc. within 1 month from the date of communication by the branches then the proposal shall be returned but no processing fee shall be refunded. |
|
|
j) Prepayment Charges in case of takeover by other Bank |
|
|
i)Housing Loans |
Nil |
|
ii) All other term loans |
1.25% of the outstanding balance minimum Rs.500/- |
|
iii)All type of Standard/ Regular Limit A/c |
1.25% of sanctioned limit or outstanding balance whichever is higher, minimum Rs.1000/- |
|
Prepayment Charges are not applicable to NPA accounts |
|
|
k) Inspection Charges (Applicable for all types of loan/limit accounts except Loan/OD against deposits/NSCs/ LIC Policies |
|
|
i) Sanctioned amount upto Rs.50000/- |
NIL |
|
ii) Sanctioned amount Rs.50001/- to Rs.1.00 lakh |
Rs300/- Half Year |
|
iii) Sanctioned amount Above Rs.1.00 lakh- to Rs.10.00 lakhs |
Rs.450/- Half Year |
|
iv) Sanctioned amount Above Rs.10.00 lakhs to Rs.25.00 lakh |
Rs.600/- Half Year |
|
v)Sanctioned amount Above Rs.25.00 lakhs to Rs.100.00 lakhs |
Rs.1000/- Half Year |
|
vi) Sanctioned Amount Above Rs.100.00 lakhs |
Rs.2500/- Half Year |
|
The charges are applicable for visit within city limits. In case of visit beyond city limit, actual conveyance charges shall be recovered in addition to the above. |
|
|
Bank Guarantee Commission |
|
|
a. Issued by our Bank |
Rs.300/- plus Rs.0.75% per quarter or part thereof. Minimum commission to be recovered shall be for one half year. The full commission shall be recovered at the time of issue for the period of bank guarantee plus warranty period if any |
|
b. Issued by other Bank |
Rs.300/- plus.1.00% per quarter or part thereof at the time of issue for the period of bank guarantee plus warranty period if any Minimum commission to be recovered shall be for one half year. |
