Non-Home Loans ( Loan Against Property / Home Equity / Commercial Purchase )

• Nil prepayment / foreclosure fees applicable where loan is availed for  purposes other than business  
• Where the Loan is availed for Business Purpose, then the pre-payment will attract  charges as mentioned below:

1.  
   1) 5% of the amount prepaid for the initial 2 years from the date of first disbursement and 3% then-after of the amount prepaid; unless specifically mentioned in the borrowers’ loan agreement .
1. 
   2) No prepayment fees applicable for all pre payments upto 25% of the principal outstanding (POS) inclusive of all prepayments made within preceding 12 months.
1. 
   3) Where prepayment amount exceeds 25% of principal outstanding (POS), inclusive of all prepayments made within preceding 12 months, then the amount prepaid in excess of 25% of POS will attract pre-payment fees as applicable.
1. 
   4)Prepayment / Foreclosure fees applicable on foreclosure payments shall be inclusive of all prepayments made within preceding 12 months.

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  1) Pre-payment charges of 5% of the amount prepaid for the initial 2 years from the date of first disbursement and 3% then-after of the amount prepaid; unless specifically mentioned in the borrowers’ loan agreement.  
• 
  2) No prepayment fees applicable for all pre payments upto 25% of the principal outstanding (POS) inclusive of all prepayments made within preceding 12 months.
• 
  3) Where prepayment amount exceeds 25% of principal outstanding (POS), inclusive of all prepayments made within preceding 12 months, then the amount prepaid in excess of 25% of POS will attract pre-payment fees as applicable.
• 
  4) Prepayment / Foreclosure fees applicable on foreclosure payments shall be inclusive of all prepayments made within preceding 12 months.

• Nil prepayment fees applicable for all pre- payments up to 25% of the principal outstanding (POS) inclusive of all prepayments made within preceding 12 months.

• Where prepayment amount exceeds 25% of principal outstanding (POS), inclusive of all prepayments made within preceding 12 months, then the amount prepaid in excess of 25% of POS will attract pre-payment fees as applicable.

• Prepayment / Foreclosure fees applicable on foreclosure payments shall be inclusive of all prepayments made within preceding 12 months.

• Prepayment / Foreclosure fees of 5% applicable for the initial 2 years from the date of first disbursement and 3% then-after; unless specifically mentioned in the borrowers’ loan agreement..

- Prepayment / Foreclosure fees of 5% applicable for the initial 2 years from the date of first disbursement and 3% then-after on complete pre-closure, unless specifically mentioned in the borrowers’ loan agreement irrespective of borrower type