Prepayment Charges

Prepayment Charges

A) For Individual Borrowers:

For several loans sanctioned and then specific borrowers, no prepayment fees will be payable because of component or full prepayments made through any sources.

B) for any other than Individual Borrowers – For loans sanctioned with company/ Sole Proprietorship Concern/Firm or an HUF as co-applicants:

I. Just in case the mortgage is prepaid in the first six (6) months through the date of very first disbursement, Prepayment costs shall be levied at a level of 2 percent plus fees and levies which can be statutory fees, associated with quantities being so prepaid;

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A. Adjustable price Loans (ARHL) and mix speed Residence Loan (“CRHL”) throughout the amount of applicability associated with rate that is variable of