HSBC Loan Against Property

Normal LAP	12.25%
Smart Loan	12.75%
Base Rate	9.75%
Processing Fee	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
Maximum Tenor	10 years.
LTV
Self owned - Residence	Loan up to 2 Cr - 60% above 2 Cr. 55%
Rented - Residence	Loan up to 2 Cr - 50% above 2 Cr. 45%
Vaccant - Residence	Loan up to 2 Cr - 50% above 2 Cr. 45%
Part Payment Charges	No pre-payment permitted within the first 6 months Up to 25% of the outstanding loan amount every financial year; Nil (Allowed only once in a financial year)
Full Closer Charges	For amount in excess of 25% of the outstanding loan amount; 4% of amount prepaid