Hybrid Term Loan Against Property Rates & Charges

Rates & Charges

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Overview Required Documents Rates & Charges

Hybrid Term Loan Against Property Interest Rates & Charges

Processing Fee

The processing fee is a non-refundable fee levied by Tata Capital while processing your loan application. You are charged this one-time fee even if the loan does not get sanctioned.

At Tata Capital, you are charged Up to 3% of the sanctioned amount

Penal Charges

Penal Charges, if any, in case of delayed payments

This is a charge for late EMI payments, calculated based on the number of days your EMI remains unpaid.

At Tata Capital, For default in payment of interest and/ or principal amounts 3% per month on defaulted amount (Annualized Penal Charge of 36%)

Dishonour of any cheque/
payment instruments

These are those charges that are levied in case of an EMI bounce per instance. In other words, these charges are levied when you miss a Hybrid term loan against property EMI payment due to inadequate funds in your bank account. At Tata Capital, you’ll be required to pay Rs. 1500 per instrument per instance

Mandate Rejection Service Charge

Charges will be levied if EMI is due but valid instrument is not available for banking due to Mandate rejected by Borrower’s bank or EMI Post-dated cheques(wherever applicable) are not available. Tata Capital charges a nominal amount of Rs. 450

Non-Creation/Perfection of Security

This is a charge applied if you fail to complete the required formalities to establish the loan collateral.

Nil

Other Charges

Annual Maintenance Charges- Hybrid Term Loan

This is an annual charge for maintaining your account if you've opted for a flexible funding option such as a Hybrid Term Loan.

At Tata Capital, you will be charged

0.25% of the available facility amount or Rs. 10,000 whichever is higher;
the said charges will be levied in the month immediately following a 12 month period (e.g. 13th , 25th , 37th month, etc. till the end of the loan tenure) and the same will be collected along with the EPI for the respective month.

Application Fees

This fee covers the cost of verifying your documents, completing necessary compliance checks, and conducting due diligence before your loan is disbursed.

At Tata Capital, you will be charged, Up to 1 Cr. – Rs. 3,000
Above 1 Cr. -Rs. 5,000

Statement of Accounts Charges

This is a charge applied for providing a physical copy of the Statement of Account – a statement having a list of all transactions made in your loan account during a given period.

At Tata Capital, you will be charged
Customer portal – Nil
Branch walk-in - Rs. 250

Loan Cancellation Charges

This is a charge applied if you request loan cancellation after the cooling-off period.

At Tata Capital, you will be charged Rs. 25000

CERSAI Charges (Non Refundable)

This is a government fee imposed for registering mortgage details with CERSAI to enhance loan security and transparency to prevent multiple lending frauds and protect lender interests.

a) For loans up to Rs. 5 Lacs - Rs. 50 per filing/modification

b) For loans above Rs. 5 Lacs - Rs 100 per filing/modification.

c) OR such other charges as may be stipulated by Central Registry from time to time

Document Handling and Retrieval Charges

This is a charge applied for safe storage, maintenance, and retrieval of collateral documents.

At Tata Capital, you will be charged, Rs. 5000

LOD Statement charges

This is a charge applied towards providing a physical copy of list of documents.

At Tata Capital, you will be charged
Rs. 1000

Foreclosure Report

This is a charge applied for providing a physical copy of the foreclosure report.

At Tata Capital, you will be charged
Customer portal – Nil
Branch walk-in - Rs. 500

Repossession Charges

This is a charge applied when an asset is repossessed due to non-repayment of the loan.

At actuals

Stamp Duty

This is a government-mandated fee required for legally registering your loan agreement.

At Actuals

Legal & Valuation Fees

This fee covers the legal review of your loan and valuation of any asset or property provided as collateral.

a) For loans up to Rs. 1 Cr - Rs. 6,000

b) For loans above Rs. 1 Cr - Rs. 11,000

(Rs. 1000 for each additional property)

Charges for switching of loans from floating to fixed rate and vice versa (Repricing Charges)

If you wish to change the loan interest structure from floating to fixed rate or vice versa, impacting loan terms and repayment schedules, you are charged Repricing Charges.

a) Floating to Fixed Rate: Rs. 3000
b) Fixed to Floating Rate: 4% of POS

Switch Fee without any Top Up

This is a charge applied if you request a change or reduction in the interest rate on your existing Loan.

At Tata Capital, you will be charged

0.15% of Principal outstanding

Note: GST, other government taxes and levies as applicable, will be payable on all fees and charges.

Foreclosure charges

This is a charge applied if you choose to repay your entire loan before the end of the contracted loan term.

Rate Description	Party to the Agreement & Purpose	Foreclosure Charges within 12 months of Disbursement	Foreclosure Charges after 12 months of Disbursement
Floating Rate Scheme	Individual Borrower with end use other than business	No charges	No charges
Floating Rate Scheme	Individual Borrower with end use as business	6% of Principal Outstanding	4% of Principal Outstanding
Floating Rate Scheme	Non- individual Borrower irrespective of end use	6% of Principal Outstanding	4% of Principal Outstanding
Fixed Rate scheme	Individual/s non individual borrowers irrespective of the end use	6% of Principal Outstanding	4% of Principal Outstanding

Disclaimer: The loan against property interest rates/charges indicated above are subject to revision at Tata Capital’s discretion from time to time.For the definitions of the above charges, please refer to the Master Terms & Conditions sheet.Soft copies of documents mentioned in the table above will be provided free of cost. For hard copies, please refer to the above table for the applicable fees & charges.

Popular FAQs

At Tata Capital, we provide competitive interest rates starting as low as 10.50% per annum. The Hybrid Term Loan Against Property interest rates and charges depends on various factors. Interest rates are calculated based on the loan value, tenure, credit score, value of the property, and so on. This means that the interest rates might vary from one applicant to another.

For a lap loan, Hybrid Term Loan Against Property, interest rates are calculated depending on the loan amount, duration, creditworthiness, and loan-to-value ratio of your property.

The interest rate is computed on the existing outstanding loan balance on a daily basis and charged at the end of the month. When you default on a payment, the interest amount is added to the principal, and the interest is recalculated on your new principal amount.

Tata Capital offers a multi-purpose Hybrid Term Loan Against Property . This means you can use an Hybrid Term Loan Against Property to pay off an existing loan or for debt consolidation. Tata Capital does not set any limit on the purpose for which you use the loan amount to ensure that the overdraft loan is flexible enough to meet your financial needs.

There are no hidden fees & costs for Hybrid Term Loan when you apply with Tata Capital. Please refer our Rates & Charges section to view all the applicable fees & costs.

Yes, there is a minimum income requirement to be eligible for a Hybrid Term Loan Against Property. The income requirement depends on your employment type.

1. For salaried individuals, the net monthly income must be at least ₹ 15000.

2. For self-employed professionals and non-professionals, the minimum annual income must be ₹ 2.5 lakhs.