HSBC Home Loan

Prime Lending Rate [PLR]	9.75%
Rate of Interest - Home Loan	11%
Rate of Interest - Smart Home	11.50%
Processing Fee- Home Loan & Smart Home	1% of the loan amount applied for, subject to a minimum of Rs 10,000 plus service tax. This fee is payable on application and is not refundable.
Loan to Value Ratio	80% of the market value as determined by the bank or 100% of the sanctioned amount which ever lower.
Franking Charges	0.2% of the Loan Amount.
Insurance Charges	At actuals; As applicable
Part Pre-Payment Charges	Pre-payment possible after a minimum of 6 months following the loan disbursal. 0% penalty on repayment of till 25% every Financial Year of the loan amount sanctioned. For pre-payment amount above 25% of the loan amount sanctioned - 3%
Full Closer Charges	3% of the out standing amount
Switching Charges - Home Loan to Home Saver & vice versa	1.5% of the outstanding loan amount
Switching Charges - Fixed rate to Floating rate (allowed only after the completion of fixed term)	1.5% of the outstanding loan amount
Switching Charges - From floating rate to fixed rate - at the time of annual review of account	Nil
Switching Charges - From floating rate to fixed rate - any other time during the year	1.5% of the outstanding loan amount

Other Charges
Cheque / ECS Bounsing Charges	Rs. 250/- per instance
Duplicate Statement	Rs. 250/- per instance