HOME FIRST FINANCE COMPANY INDIA LIMITED | |
| Schedule of Charges | |
| Charges Type | Charges Description |
| Part-Prepayment /Foreclosure Charges on loan | |
| Foreclosure charges on Home/Commercial/Topup/Plot loans | NIL (No charges for partial or full pre-payments) |
| Foreclosure charges on LAP loans | NIL |
| Cheque/ECS/ACH Bounce Charges (Per Instrument/Transaction) | Cheque return charge of INR 500/- + GST as applicable per instrument is payable in case of a dishonored cheque or ECS or ACH |
| Penalty for delayed payments | |
| Pre-EMI/EMI bounce charges | Rs.500 + GST @ 18% per bounce |
| Default Penalty | 2% p.a compounded monthly |
| Additional Interest | Prevailing fixed/floating rate on loan |
| Customer Service Charges | |
| Documents Retrieval Charges | NIL |
| SOA | Rs 100 Per Request (No charges for First Request) |
| Interest Rate Structure | ||
| Product | Floating | |
| Minimum | Maximum | |
| Home Loan | 8.00% | 17.50% |
| LAP | 12.80% | 18.50% |
| Commercial Loan | 13.00% | 18.50% |
| Home Loan – Top Up | *Interest rate is subject to your existing home loan | |
HFFC PLR: 16.75%
WEF: 01st June 2023
| FEES & CHARGES | ||
| Fees and charges applicable on various services are as follows (updated as on 01st June 2023) Name of the HFC: Home First Finance Company India Limited |
Fee & charges for Home Loans, LAP, Shop Loan, and Other (Excluding Top-Up) | |||||
| Price Grid | Login Fees | Project Appraisal Charges | Total Project Appraisal Charges | ||
| HL/Others | LAP/Shop | LAP/Shop | LAP/Shop | ||
| Upto Rs. 10 L | Rs.2500 + GST | Rs.10000 + GST | Rs.22500 + GST | Rs.12500 + GST | Rs.25000 + GST |
| Rs. 10 L – 20 L | Rs.2500 + GST | Rs.21500 + GST | Rs.27500 + GST | Rs.24000 + GST | Rs.30000 + GST |
| Rs. 20 L+ | Rs.2500 + GST | Rs.25500 + GST | Rs.37500 + GST | Rs.28000 + GST | Rs.40000 + GST |
| **The above fees and charges are not applicable to Top-Ups | |||||
| Fees & Charges for Top Ups only: | |||||
| Price Grid | Total Project Appraisal Charges | ||||
| Top Up | |||||
| Upto Rs. 50 k | Rs.3000 + GST | ||||
| Rs. 50 k – 2.5 L | Rs.5000 + GST | ||||
| Rs. 2.5 L + | Rs.10000 + GST | ||||