Fees and Charges - Home Loan

The fees and charges levied by Axis Bank for Home Loans are completely transparent and upfront. Read in detail about fees and

charges applicable for Home Loans mentioned below:

Processing Charge

1% or Rs. 10,000 (whichever is higher)

Upfront processing fee of Rs. 5000 plus GST shall be collected at the time of application login.

This fee will not be refunded under any circumstances such as loan rejection/withdrawal of

the loan application etc., non-disbursement of loan for the reason solely attributable to the

customer. Balance processing fee as applicable shall be collected at the time of loan disburse-

ment.

Admin Charges

INR 0 /-

Repayment Instruction / Instru-

ment Return

INR 339 /- Per instance

Issuance Charges of Credit

Report

INR 50 / - per instance

Duplicate Statement issuance

charges

INR 250 /- per instance

Cheque / Instrument swap

charges

INR 500 /- per instance

Issuance charges for Photocopy

of title documents

INR 500 / - per document set

Duplicate Amortization

Schedule issuance Charges

INR 250 / - per instance

Charges of Customer initiated re-

quests for copies of documents

INR 500 / - per document set

Duplicate Interest Certificate

(Provisional / Actual) issuance

charges

INR 50 / - per instance

Prepayment charges for floating

rate loan

(including part payment)

NIL

Prepayment charges for fixed

rate loan

(including part payment)

2% of outstanding princi-

pal / amount prepaid

Equitable mortgage creation

charges

As applicable in the state

Duplicate No Dues Certificate /

NOC

INR 50 / - per instance

Stamp Duty & other statutory

charges

As per applicable laws of the state

Equitable mortgage cancellation

charges

As applicable in the state

Penal Charges

Financial Default*: 8% p.a. above applicable interest rate on the overdue amount (subject to

the aggregate not exceeding 24% per instance)

• There shall be no capitalisation of Penal Charges

• The said Penal Charges will be subject to GST as per applicable law on Goods and Ser-

vice Tax in India, and GST will be charged separately

*Financial Default includes all types of payment or financial defaults/irregularities with re-

spect to your Loan Account

Re- Pricing Charges

Switching from the Floating Rate scheme to Fixed Rate scheme will attract a fee of 1% on the out-

standing principal with a minimum of INR 10,000/- (not applicable under Fast Forward Home Loan &

Shubh Aarambh Home Loans)

Switching from the Fixed Rate scheme to Floating Rate scheme will attract a fee of 2% on the out-

standing principal (not applicable under Fast Forward Home Loan & Shubh Aarambh Home Loans)

Switching from the Higher Fixed Rate to Lower Fixed Rate will attract a fee of 0.5% on outstanding

principal with minimum of INR 10,000/- The Lower Rate will be equal to the applicable carded interest

rate only (not applicable under Fast Forward Home Loan & Shubh Aarambh Home Loans)

Switching from the Higher Floating Rate to Lower Floating Rate will attract an administrative charge of

Principal O/s at the time of ROI conversion

Charges

Up to 10 lacs

1,000 /-

10.01 lacs to 30 Lacs

2,000/-

30.01 Lacs to 75 Lacs

3,000/-

>75 Lacs

5,000/-

CERSAI Charges

INR 50/- for Loans upto 5 lakhs

INR 100/- for Loans above 5 lakhs

*Goods and Services Tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is

applicable).The above charges are subject to change and the same shall be updated on our website www.axisbank.com accord-

ingly.