Bank Name Floating Interest rate Prepayment

Processing Fee
Charges
8.75% (1st yr),
0.50% of loan
9.50%(2nd and 3rd
amount with a cap
State Bank Of India yr),10%(after 3 years) N.A
of Rs.10,000 +
(9.88% average floating
service tax
rate upto 20 years)
Rs.10,000/-
above 1 crore If
Full Payment -
0.50% of loan
9.50% (Upto 25Lacs), 2% of
ICICI Bank amount upto 1
Then 10% outstanding
crore
amount If Part
Payment - No
Penalty
If 25% of
outstanding
amount is paid
0.5% plus
within 3 years -
HDFC Ltd 9.75% applicable service
No Penalty ,
tax and cess
otherwise 2% of
outstanding
amount
2% of out
10.15% ( Fixed for 5 yrs),
LIC Housing 0.5 % -1% standing
Floating 9.25%
Payment
1% of the loan
AXIS Bank 9.75% amount + NIL
applicable taxes
Up to 1%of loan
amount
If Balance
(Rs 2500 to be
IDBI 10.25%-10.50% Transfer then 2%
collected at login
Otherwise Nil
and balance at the
time of sanction )
5000 + 10.30%
(service tax) (Upto
20Lacs)
ING Vysya 9.75% 2%
5000 + 10.30%
(service tax)
(Above 20Lacs)
4% for 18
Standard Chartered 9.75% 0.5% months and 2%
after 18 months
If 20% of
outstanding
amount is paid
0.5% - 1%(basis on every year -No
DHFL 10.50%
profile) Penalty ,
otherwise 2% of
outstanding
amount

Citibank 10% - 10.75% 0.5%+Service tax 2%

up to 90% no
10000 + Service
Deutsche Bank 9.75% - 10% charges after
Tax
that 2.5%
India Bulls 9.75% upto 30lacs - 2,500 2%-3%
+ 10.30% (service
tax)
above 30lacs to
1.5Cr - 5,000 +
10.30%(service
 tax)
Above 1.5Cr -
10,000 + 10.30%
(service tax)
0.50% of loan
Allahabad Bank 11.50% amount, Maximum N.A
Rs. 10,000/-

Bank of Maharastra 10.00% N.A N.A

0.50 % of loan
Central Bank of India 10.50% amount, maximum N.A
Rs.20,000
Upto Rs.5 lakhs
0.50% of loan
subject to min.
Rs.1,000/- & max.
Rs.2,500/-
Above Rs.5 lakhs &
upto Rs.15 lakhs
0.50% of loan
subject to min.
Rs.2,500/- & max.
Rs.7,500/-
Corporation Bank 10.75% N.A
Above Rs.15 lakhs
& upto Rs.20 lakhs
0.50% of loan
subject to min.
Rs.7,500/- & max.
Rs.10,000/-
Above Rs.20 lakhs
0.50% of loan
subject to min.
Rs.10,000/- & max.
Rs.50,000/-
For loans upto
Rs.30 lacs One time
@ 0.55% of loan
amount min. Rs.
3000/- and max.
Rs.10000/-
2.25% of
For Loan over Rs.30
Bank of India 11.25% outstanding loan
Lacs upto Rs.50
amount.
lacs – One time flat
Rs.15,000/-
For Loan over Rs.50
Lacs upto Rs.1.00
crore – One time
flat Rs.20,000/-
0.25% of loan
amount subject to a
maximum of
Union Bank of India 10.50% N.A
Rs.15000/- plus
service tax as
applicable
0.50% of the loan
United Bank of India 10.95% N.A
amount

UCO Bank 11% - 11.50% - N.A

Bank of Baroda 10.50% N.A N.A