Loan Against Securities fees include a charge of ₹1,499 for digital applications. For physical applications, the fees are ₹3,500 for Equity, Debt Mutual Funds, Fixed Maturity Plans (FMP), and GDC Bonds. This also applies to NSC, KVP, GDC, and insurance policies.

The average processing fee for a Loan Against Securities (LAS) is ₹1,499.

Prepayment charges for a Loan Against Securities with HDFC Bank vary and may include penalties for early repayment. Typically, these charges are a percentage of the outstanding loan amount applied if you repay the loan before the agreed tenure ends.

The annual maintenance charge for your HDFC Bank Loan Against Securities account is ₹1,800 plus applicable GST. This fee is charged yearly and appears as a separate debit in your statements. It is non-refundable and subject to revision as per the Bank’s policies from time to time.

If your drawings exceed the sanctioned limit, you are charged Temporary Overdraft interest up to 18% per annum plus taxes. This incremental interest is calculated daily on the excess amount and debited monthly. These charges apply due to interest application or revaluation of pledged securities.

For HDFC Bank Loan Against Securities, TRF (Transaction Request Form) processing charges are ₹50 per transaction for digital cases. For non-digital transactions across all securities, the charge is ₹100 per TRF. These fees are exclusive of applicable government levies and taxes, which are charged additionally.

For every NSC, KVP, bond, insurance policy, or mutual fund unit certificate, you pay up to ₹5 for pledge creation and up to ₹5 for de-pledge or lien removal. These fees apply per unit and are subject to applicable government taxes and appear separately in your account.

For a collection of maturity, surrender, or survival benefit payments under life insurance policies, you are charged ₹400 per customer. This fee is applied irrespective of the number of policies involved and is exclusive of GST or other government levies, which are charged separately in your statement.

No charges are applied if you request to change from fixed to floating rate or from floating to fixed rate under HDFC Bank Loan Against Securities. These changes, however, are subject to internal approvals and applicable policy norms but do not involve any processing or administrative fees.

In the event of default under Loan Against Securities, you bear all brokerage, transaction charges, and levies as per actuals incurred during the sale of securities. Legal and incidental charges are also applied based on actuals. These charges are non-refundable and subject to standard legal and recovery processes.

Under HDFC Bank Loan Against Securities, you may be charged up to ₹50 per instance for accessing your credit report from Credit Information Companies. This fee is added each time a report is pulled and is subject to change as per regulations and credit bureau agreements.

From January to March 2025, your interest rate for Equity-backed loans ranges from 8.50% to 17.50%, with an average of 10.52%. For Debt-backed loans, the rate ranges from 6.75% to 13.80%, averaging 9.72%. Rates depend on portfolio type and market conditions, and applicable taxes are extra.