IOB Home Loan Charges
Charges
| Charges Type : | Details : |
|---|---|
| Processing Fee | 0.25% of loan or ₹10,000 (min.). |
| Prepayment Charges | 3% within 6 months; 2% for 6-18 months; 1% after 18 months. |
| Admin Charges | ₹5,000 or 0.25% of loan amount. |
| Late Payment Charges | As per loan agreement. |
| Cheque Bounce Charges | ₹300 per bounce. |
| Repayment Mode Change | ₹500 for changing repayment mode. |
IOB Home Loan Balance Transfer Charges
Charges
| Charges Type : | Details : |
|---|---|
| Processing Fee | 0.25% of loan or ₹10,000 (min.). |
| Prepayment Charges | 3% within 6 months; 2% for 6-18 months; 1% after 18 months. |
| Admin Charges | ₹5,000 or 0.25% of loan amount. |
| Late Payment Charges | As per loan agreement. |
| Cheque Bounce Charges | ₹300 per bounce. |
| Repayment Mode Change | ₹500 for changing repayment mode. |