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Home Loans Processing Fee

FEES
INTEREST RATES REPAYMENT DOCUMENTS MOST IMPORTANT TERMS AND CODITIONS

Loan Amount Upto Rs. 25 Lacs

Processing Fee 0.25% of loan amount Rs. 10,000/-

Above Rs. 25 Lacs and upto Rs. 75 Lacs Above Rs. 75 Lacs

Rs. 20,000/-

NOTE 1) 75 % of the processing fee may be refunded in the following cases:

(a) Rejection of loan application on unsatisfactory pre-sanction survey report.

account

of

(b) Rejection of loan application on account of unsatisfactory legal/valuation reports.

In cases where applications are sanctioned or rejected after complete loan processing, fee will not be refunded.

2) Actual charges for the following will be payable by the customer in addition to the processing fee:

a) Pre-sanction

(i) Advocate's fee for investigation report.

property

search

and

the

title

(ii) Valuer's fee for valuation report.

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STATE BANK OF INDIA :: INDIA's LARGEST BANK

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b) Post-sanction

(i) Stamp duty payable for Loan agreement & mortgage. (ii) Property insurance premium.

Pre-closure / Pre-payment Penalty - NIL

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