| Rack Interest Rate Range |
Policy Repo Rate* + 3.00% to 4.50%= 9.50% to 11% |
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*Policy Repo Rate- 6.50% |
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Above mentioned interest rate is applicable on Operating Limit.
Interest rate of 18% p.a. will be levied on the amount utilized above
the Operating Limit of overdraft facility. (Applicable for DOD facility only) |
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| Rack Fixed Interest Rate Range |
11.80% to 13.30%+
*Option In pursuant to the circular No. RBI/2023-24/55 DOR.MCS.REC.32/01.01.003/2023-24 in case of increasing interest rates of term loans and for borrowers with personal end use facility . Same can be availed of once in during the loan tenor. |
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Charges for conversion of ROI from floating to fixed(who have availed EMI based floating rate Personal Loans)
*Please refer the RBI circular No. DBR.No.BP.BC.99/08.13.100/2017-18 on “XBRL Returns – Harmonization of Banking Statistics” dated January 04, 2018.”. |
Upto ₹3000 |
NA |
| Loan Processing Charges* |
Maximum of 1% of loan amount (* Minimum PF of ₹7500/-) |
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| Pre-Payment /Part Payment Charges |
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| Pre-Payment /Part Payment Charges |
No prepayment charges shall be applicable for part prepayment once during a financial year only if the amount being prepaid does not exceed 25% of the principal amount outstanding at the time of such prepayment.
2.5% + Goods and Services Tax (GST) of principal outstanding being prepaid or at such rates as decided by the Bank if the amount being prepaid is more than said 25%. Charges shall be applicable on the amount in excess of said 25%. |
Not Applicable |
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Nil Part Payment charges for floating rate term loan availed by Individual borrowers for End Use other than Business Purpose |
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Nil Part Payment charges for floating rate term loans availed by Micro & Small Enterprises |
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| Premature closure charges |
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| Floating rate term loan availed by Individual borrowers for Business Purpose |
2.5 % of the Principal Outstanding |
Maximum of 4% of the operating limit prevailing at the time of prepayment within 12 months of the date of disbursement. |
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>60 months after the disbursement of the Loan – NIL Charges |
Post 12 months maximum of 2% of the operating limit prevailing at the time of prepayment . |
| Floating rate term loan availed by Individual borrowers for End Use other than Business Purpose |
NIL |
Maximum of 4% of the operating limit prevailing at the time of prepayment within 12 months of the date of disbursement. |
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Post 12 months maximum of 2% of the operating limit prevailing at the time of prepayment . |
| Floating rate term loans availed by Micro & Small Enterprises |
NIL |
NIL |
| Floating Rate term loans availed by Non Individual borrowers* |
Maximum of 2.5% of the Principal Outstanding. |
Maximum of 4% of the operating limit prevailing at the time of prepayment within 12 months of the date of disbursement. |
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>60 months after the disbursement of the Loan – NIL Charges |
Post 12 months maximum of 2% of the operating limit prevailing at the time of prepayment . |
| Premature closure charges- Fixed rate loans |
For the Facility with Fixed Interest Rate at the time of prepayment:
2.5 % of the Principal Outstanding,
>60 months after the disbursement of the Loan/Facility – NIL Charges.
No prepayment charges shall be applicable for part prepayment once during a financial year only if the amount being prepaid does not exceed 25% of the principal amount outstanding at the time of such prepayment.
2.5% + Goods and Services Tax (GST) of principal outstanding being prepaid or at such rates as decided by the Bank if the amount being prepaid is more than said 25%. Charges shall be applicable on the amount in excess of said 25%.
Nil Prepayment charges on fixed rate loans if loan is booked under priority sector lending and Borrower(s) type is Small or Micro & Loan amount is less than or equal to ₹ 50 lacs. |
NA |
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| Delayed Instalment payment Charge |
18% per annum plus applicable government taxes on overdue installment amount |
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| Stamp Duty & other statutory charges |
As per applicable laws of the state |
| Payment Return Charges |
₹450/- |
| Amortization Schedule Charges* |
₹50/- per instance
( Customer can also download from website free of cost) |
| Repayment mode change charges* |
₹500/- |
| Legal/Repossession & Incidental charges |
At actuals |
| Annual Maintenance Charge (AMC) for Features of Plus Current Account |
Not Applicable |
₹ 5000 P.A. Plus
applicable government
taxes for DOD account
(Please refer the
attached link
for plus current account
features and benefit- https://www.hdfcbank.com/
personal/save/
accounts/current-accounts/plus-current-account) |
| Commitment charges for overdraft accounts (*Minimum charges Rs 5000/-) |
Not Applicable |
If average quarterly utilization > 30% No commitment fee charges to be charged. If average quarterly utilization < 30% Charges upto 0.10% will be charged on the difference between the actual utilization and expected average utilization of 30%. Charges to be levied quarterly. |
| Conversion charges for Change in Reference rate (BPLR/ Base rate/MCLR to Policy Repo Rate (for existing customers) |
NIL |
NIL |
| Custody charges |
₹ 1000/- per month for non-collection of collateral documents beyond 60 days, from date of closure of all loans/facilities linked to the collateral. |
| Revision in spread |
0.1% of Principal Outstanding OR ₹ 3000 whichever is higher Per proposal |
| Charges for Non Adherence of ESCROW Account of Sanction Terms |
2% charges per annum on principal outstanding for non compliance of agreed terms upto its fulfillment - (Charged on Quarterly basis) (Applicable in LARR cases only) |
| Charges for Non-Compliance of Sanction Terms |
2% charges p.a. + applicable taxes on principal outstanding for non-compliance of agreed terms up to its fulfillment, Subject to a Maximum of ₹ 50000/-+taxes (Charged on monthly basis) |
| CERSAI Charges |
₹ 100 for each property |
| Property Swapping / Partial property Release* |
0.1% of the loan amount. |
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Min – ₹ 10,000/-. Max of ₹ 25000/- per property |
| Document Retrieval charges post Disbursement* |
₹ 75/- per document set. (Post disbursement) |
