SL |
PARTICULARS |
LOAN |
LEASE |
---|---|---|---|
1 |
Documentation fee |
At actual |
At actual |
2 |
Mortgage Fee |
At actual (for Property vetting, drafting mortgage & IGPA deed, affidavit and adhesive/non-judicial stamp) |
At actual (for Property vetting, drafting mortgage & IGPA deed, affidavit and adhesive/non-judicial stamp) |
3 |
Processing fee |
At actual |
At actual |
4 |
Prepayment charges |
Up to 2% of the outstanding portion to be adjusted |
Up to 2% of the outstanding portion to be adjusted |
5 |
Foreclosure fee |
Up to 2% of the outstanding |
Up to 2% of the outstanding |
6 |
Asset transfer fee - lease |
N/A |
Up to 0.50% of the outstanding |
7 |
Legal expenses |
At actual |
At actual |
8 |
Delay payment fees |
2% above the facility lending rate |
2% above the facility lending rate |
9 |
Issuance of transfer documents |
N/A |
First time - free |
10 |
Issuance of any certificate/ |
Free |
free |
11 |
Issuance of any certificate/statement after settlement of facility |
First time - free |
First time - free |
12 |
Redemption of mortgage |
Stamp charge- at actual |
Stamp charge- at actual |
13 |
Change in agreement due to customer request |
Stamp charge- at actual |
Stamp charge- at actual |
14 |
Land valuation charge |
At actual |
At actual |
15 |
Security replace fee |
At actual |
At actual |
16 |
CIB inquiry charge |
At actual |
At actual |
VAT @ 15% will be charged wherever applicable |
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Effective from …………… |