Processing Fee on Personal Segment Loan Products
Processing Fee on Personal Segment Loan Products
Retail Loan Products – Processing Fee
GST will be recovered separately as all charges prescribed are exclusive of GST
(GST 18% as on date)
| Product Name | Processing Charges |
| IB Home Loan to Residents
Home Loan to NRI IB Home Advantage IB Plot Loan to NRI IBHL-CRE |
0.40% upto ₹100 lakhs subject to max. of ₹20000
0.20% above ₹100 lakhs subject to max. of ₹50000 |
| IB Home Improve
IB Home Loan Plus IB Home Enrich Plot Loan to Residents Repair and Renovation |
1.00% on the Loan amount |
| Ind AWAS | EWS/LIG
Ø upto ₹6 lakhs: NIL Ø Above ₹6 lakhs: 50% concession as applicable to normal HL subject to max. of ₹10000 MIG-I Ø upto ₹9 lakhs: NIL Ø Above ₹9 lakhs: 50% concession as applicable to normal HL subject to max. of ₹10000 MIG-II Ø upto ₹12 lakhs: NIL Ø Above ₹12 lakhs: 50% concession as applicable to normal HL subject to max. of ₹10000 |
| Home Loan to Corporate Entity | 0.25% of the loan amount.
Minimum: Rs.25,000/- , Maximum: Rs. 5.00 Lacs |
| IB Home Loan Combo | Concession of 50% applicable processing charges for the following Loan products: Vehicle Loan, IB Clean Loan, IB Pension Loan, IB Home Improve |
| Ind Mortgage Scheme
Rent Encash IB Rental |
1.00% on the loan amount |
| IB Reverse Mortgage | 0.30% on the loan limit |
| IB Vehicle Loan (Car) | 0.50% on the loan amount. (Max. ₹10000) |
| IB Vehicle Loan (2 Wheeler) | 1% on the loan amount |
| IB Vehicle Loan (Used Car) | 1% on the loan amount (max. ₹10000) |
| Loan for Purchase of “Van / Minibus / Bus / Ambulance” to Institutions / Firms / PSU / Company / Hospitals | 1% on the loan amount (max. ₹100000 per loan) |
| IB Educational Loan – Study In India & Studies Abroad | Upto ₹10 lakhs: Nil
Above ₹10 lakhs: 0.15% max. ₹3000 |
| IB Education Loan – Prime Scheme
IB Educational Skill Loan Educational Loans covered under Credit Guarantee Scheme |
NIL |
| Pre-approved Personal Loan | ₹500 |
| Clean Salary Loan
Clean Salary Loan Overdraft |
1.00% on the Loan amount |
| IB Pension Loan Scheme | Upto ₹25000: NIL.
Above ₹25000: ₹250 |
| Jewel Loan (Non-Priority)
OD against Gold Jewels |
0.50% on loan amount.
No cap on maximum amount. |
| Loan against NSC/LIC Bonds | 0.50% on loan amount.
No cap on maximum amount. |
| IND COVID Emergency Salary Loan
IND COVID Emergency Pension Loan |
NIL |
( Last modified on May 05, 2022 at 12:05:10 PM )
