DCB Bank Loan Against Property

Interest Rate	Normal Income - Residence / Commercial Property : 13.5% Surrogate- Residence / Commercial Property : 14% to 15%
Processing Fee	1% - 1.50% of loan amount + Service Tax Login fee of Rs. 5000/- Non-Refundable
Base Rate	10.5%
LTV	Self Owned - Residence : 65% Self Owned - Commercial : 55% Rented - Residence : 55% Rented - Commercial : 45%
Commercial Purchase	60% of the Market Value or 80% of the Document Cost
LTV for Surrogate Products	less 5% to 10%
Part Payment Charges	Lock in period 1 year, after that NIL charges till 25% above 25% that 2% to 4%
Full Closer Charges	Lock in period 1 year, after that between 2% to 4%

Other Charges
No due Certificate	NIL
Solvency Certificate	NIL
Charges for late payment of EMI	3% p.m. + service tax
Cheque bounce charges (per instrument)	Rs. 500/- + service tax
Cheque swap charges (per set)	Rs. 500/- + service tax