Our Home Loan Rates
| Sr. No |
Type |
Loan amount (Rs.) |
Base Rate + Mark Up |
Effective Rate Of Interest |
| 1 |
Floating Rate |
Less than Rs. 25 Lac |
Base Rate + 0.75% |
10.75% p.a. |
| Loans greater than Rs.25 lac - Rs. 75 lac |
Base Rate + 1.00% |
11.00% p.a. |
| Loans greater than Rs. 75 lac |
Base Rate + 1.25% |
11.25% p.a. |
| Top Up - All loans, Renovations |
Base Rate + 2% |
12.00% p.a. |
Base Rate - 10.00%
NISHCHINT - Home Loan with Fixed Rate of Interest
| Type |
Effective Rate Of Interest |
| Fixed Rate |
11.75% p.a. |
Processing charges
Check the Processing charges for Home Loans
Other Charges:
| Sr. No |
Type |
Charges |
| 1 |
Repayment Instruction/Instrument Return charges |
Rs.500/- per instance |
| 2 |
Cheque/Instrument Swap charges |
Rs.500/- per instance |
| 3 |
Duplicate Statement issuance charges |
Rs. 250/- per instance |
| 4 |
Duplicate Amortization schedule issuance charges |
Rs. 250/- per instance |
| 5 |
Duplicate Interest Certifcate (Provisional/Actual) issuance charges |
Rs. 250/- per instance |
| 6 |
Issuance charges for Photocopy of title documents |
Rs.250/- per document set |
| 7 |
Charges on customer initiated requests for copies of documents |
Rs. 250 per document set |
Switching Cost:
Switching from the floating rate scheme to the fixed rate scheme and vice versa is permissible. If a fixed rate customer wants to reschedule loan to the present fixed interest rate applicable to the new customers, the same is also permissible. The existing customers can also switch over to the new rate of interest applicable for the new customer. For all of the above changes, a nominal switching fee is applicable.