SIGNIFICANT INFORMATION IN CONFORMITY WITH THE FAIR PRACTICES CODE
INCLUDING DISCLOSURES IN RESPECT OF THE APPLICABLE FEE BASED SERVICES
AND RELATED CHARGES & LEVIES THEREON
(ANNEX - 1)
| Slno. |
Particulars/ Type of Service |
Particulars / Applicable Charges / Levies |
| 1 |
Registered & Corporate Office |
Sahara India Sadan, 2A Shakespeare Sarani, Kolkata - 700 071.
(+)913322829067 / 9075, Fax: (+)913322829271 |
| 2 |
Name & Address of the Regulating Body |
The National Housing Bank, Core 5A, 3rd floor, India Habitat Centre, Lodhi Road, New Delhi - 110 003. (+)911124649031 - 9035, Fax:
(+)911124646988/9041 |
| 3 |
Process for filing of Compliant & Grievances |
In event of any complaint/grievance, please visit (in person) and/or
send a communication (in writing) to the concerned Branch/Region
Office. In extraordinary situation of no response/unsatisfactory
reply, please contact:
The Chief Executive Officer (CEO),
Sahara Housingfina Corporation Limited,
Sahara India Sadan, 2A Shakespeare Sarani,
Kolkata-700 071.
(+)913322829067 / 75 |
| 4 |
Products & Scheme |
Please refer to Product Chart (available separately in branch) |
| 5 |
Processing & Administrative Fees |
- Home Loan with loan ticket of upto Rs.5 Lacs: @ 1.25% plus
applicable ST, subject to minimum fees of Rs.2500/-
(Rs.2000/- for Sahara employees) plus applicable ST;
- Home Loan with loan ticket of above Rs.5 Lacs: @ 1% plus
applicable ST;
- Mortgage Loan (any amount): @1.5% plus applicable ST,
subject to minimum fees of Rs.2500/- (Rs.2000/- for Sahara
employees) plus applicable ST;
- NRP Loan (any amount): @ 1% plus applicable ST, subject to
minimum fees of Rs.2500/- (Rs.2000/- for Sahara
employees) plus applicable ST;
|
| 6 |
Charges/Penalty on Prepayment / Pre-closure |
- In case of Housing Loan (HL):
- NO prepayment penalty or foreclosure charges on HL
qualifying under �floating interest rate basis� to individuals.
The facility is applicable irrespective of the source of fund.
- NO prepayment penalty or foreclosure charges on HL to
individuals qualifying under �fixed interest rate basis�
provided the loan is pre-closed/prepaid out of own sources of
the borrower.
- Other Loans shall attract prepayment charges @ 2% of Principal
Outstanding plus applicable service tax.
(For details please refer to the respective Policy Paper in website) |
| 7 |
Late Payment Charges |
24 (twenty-four)% p.a. |
| 8 |
Commitment Charges |
0.20% on the outstanding disbursement + ST |
| 9 |
Policy on Fee Refund (Processing & Administrative) |
Refund of fees is governed by �Policy on Refund of Processing Fee &
Administrative Fee (Amended #2). For details, please refer to the said
Policy available in our website & the respective branch. |
| 10 |
Cheque Swap Charges |
Rs.250/- (Rupees two hundred fifty only) + ST for each instance of
cheque swapping, strictly against �advance collection� of fees/charges.
|
| 11 |
Cheque Bounce Charges |
Rs.300/- (Rupees three hundred only) per instance. |
| 12 |
Duplicate Annual Account Statement & Prov. Statement (from 2nd
statement onward) |
Rs.200/- (Rupees two hundred only) + ST to be levied from 2nd
statement onwards issued during a single Financial Year, strictly
against �advance collection� of fees/charges. |
| 13 |
Guarantor Verification Charges |
Rs.500/- (Rupees five hundred only) + ST per guarantor. The amount
shall be non-refundable and strictly against �advance collection� of
fees/charges. |
| 14 |
Switch in Interest (Fixed to Floating or Floating to Fixed) |
1.75% of Principal Outstanding as at the date of switch + ST,
strictly against �advance collection� of switching charges. |
| 15 |
Photostat Charges (Copy of Sale Deed on Demand etc.) / Document
Retrieval Charges |
Rs.500/- (Rupees five hundred only) + ST for every instance of the
set of photo-copies furnished, strictly against �advance collection� of
fees/charges. |
| 16 |
Reissuance of Foreclosure Statement (2nd time onwards) |
Rs.250/- (Rupee two hundred fifty only) + ST from 2nd Statement
onwards, strictly against �advance collection� of fees/charges. |
| 17 |
Duplicate No Due Certificate (NOC) |
Rs.250/- (Rupee two hundred fifty only) + ST from 2nd Statement
onwards, strictly against �advance collection� of fees/charges. |
| 18 |
Collection of PDCs by Officials |
Rs.100/- (Rupee one hundred only) + ST for every visit. |
| 19 |
Visiting Charges (Site visit/ Recovery) |
Rs.150/- (Rupee one hundred fifty only) + ST for every visit. |
| 20 |
Change in EMI / Tenure, Reschedulement / Restatement |
Rs.500/- (Rupee five hundred only) + ST for every change in EMI /
Tenure, Re-schedulement / Restatement. (Fee not to be attracted if
change in EMI / Tenure is on account of change in ROI initiated by the
company) |
| 21 |
Notice Charges |
Rs.100/- (Rupee one hundred only) for each notice issued. |
| 22 |
Repayment Track Record Statement |
Rs.250/- (Rupee two hundred fifty only) + ST from 2nd instance
onward every Financial Year, strictly against �advance collection� of
fees/charges. |
| 23 |
Amortization Schedule (free once a year) |
Free once every Financial Year. However, chargeable @ Rs.250/-
(Rupee two hundred fifty only) + ST for every succeeding instance in one
particular Financial Tear, strictly against �advance collection� of
fees/charges. |
| 24 |
Technical verification (for BT / Purchase case before LOGIN of file)
|
Rs.1000/- (Rupee one thousand only) + ST, strictly against �advance
collection� of fees/charges. |
| 25 |
List of Mortgage Documents (2nd time onwards) |
Free for the 1st instance. A fee of Rs.500/- (Rupee five hundred
only) + ST to be levied from 2nd instance onwards, strictly against
�advance collection� of fees/charges. |
Notes:
