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:
• Up to 1% of the loan amount or Rs 10,000 (whichever is higher) + GST (as applicable)
• An upfront processing fee of INR 5,000 plus GST shall be collected at the time of appli-
cation submission. The balance processing fee, as applicable, shall be collected at the
Processing Charge time of loan disbursement.
• The processing fee is a non-refundable fees collected by the Bank for the purpose of re-
viewing the loan application and same is independent of the outcome of such assess-
ment.
Admin Charges INR 0 /-
Repayment Instruction / Instru- Issuance Charges of Credit
INR 339 /- Per instance INR 50 / - per instance
ment Return Report
Duplicate Statement issuance Cheque / Instrument swap
INR 250 /- per instance INR 500 /- per instance
charges charges
Issuance charges for Photocopy Duplicate Amortization
INR 500 / - per document set INR 250 / - per instance
of title documents Schedule issuance Charges
Duplicate Interest Certificate
Charges of Customer initiated re-
INR 500 / - per document set (Provisional / Actual) issuance INR 50 / - per instance
quests for copies of documents
charges
Prepayment charges for floating Prepayment charges for fixed
2% of outstanding princi-
rate loan NIL rate loan
pal / amount prepaid
(including part payment) (including part payment)
Equitable mortgage creation Duplicate No Dues Certificate /
As applicable in the state INR 50 / - per instance
charges NOC
Stamp Duty & other statutory
As per applicable laws of the state
charges
Equitable mortgage cancellation
As applicable in the state
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
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
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)
Re- Pricing Charges
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/-
INR 50/- for Loans upto 5 lakhs
CERSAI Charges
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.
