Option to Existing Borrowers (With Base Rate/BPLR) to switchover to current Interest Rate on payment of switchover fee.
Loan Outstanding upto Rs.30lacs (DP in case of Maxgain):
Rs. 10,000/- +Service Tax, irrespective of the outstanding
Loan outstanding above Rs. 30lacs(DP in case of Maxgain):
0.30% of loan outstanding + applicable service tax (DP in case of Maxgain), subject to a minimum of Rs. 12,000/- + taxes and maximum of Rs. 25,000/- + taxes.
Car Loans & other Loans*:
0.50% + service tax on the outstanding subject to a minimum of Rs. 2000 + Service Tax.
The switchover facility will not be made available to existing borrowers who have availed under MCLR regime.
*Applicable to Regular accounts only.
(For further details contact your nearest branch)