Know Processing Fee for Loan Products
Processing Fee on Personal Segment Loan Products
Retail Loan Products – Processing Fee
GST will be recovered separately as all charges prescribed are exclusive of GST
(GST 18% as on date)
| Product Name | Processing Charges |
|---|---|
| IB Home Loan to Residents
Home Loan to NRI IB Plot Loan to NRI IBHL-CRE |
W.E.F 02.01.2025 |
| IB Home Improve
IB Home Loan Plus IB Home Enrich Plot Loan to Residents Repair and Renovation |
1 % on the Loan amount ‘Nil’ for take over |
| Home Loan to Corporate Entity | 0.25% of the loan amount
Minimum: ₹25,000.00 Maximum: ₹5.00 lakhs |
| Ind Mortgage Scheme
Rent Encash IB Rental |
1.00% on the loan amount
|
| IB Reverse Mortgage | 0.30% on the loan limit |
| IB Vehicle Loan (Car) | Rs.1200 + GST (w. e. f 17.11.2025) |
| IB Vehicle Loan (2 Wheeler) | 1% on the loan amount |
| IB Vehicle Loan (Used Car) | 1% on the loan amount (max. ₹10000) |
| Loan for Purchase of “Van / Minibus / Bus / Ambulance” to Institutions / Firms / PSU / Company / Hospitals | 1% on the loan amount (max. ₹100000 per loan) |
| IB Educational Loan – Study In India & Studies Abroad | Upto ₹10 lakhs: Nil
Above ₹10 lakhs: 0.15% max. ₹3000.00 |
| IB Educational Skill Loan
Educational Loans covered under Credit Guarantee Scheme IB Education Loan Prime |
NIL |
| Pre-approved Personal Loan | ₹470.00 |
| Clean Salary Loan
Clean Salary Loan Overdraft |
For Govt/PSU Employees: Nil
For others: 1.00% on the Loan amount; Maximum : Rs.10000.00 |
| IB Pension Loan Scheme | Upto ₹25000: NIL
Above ₹25000: ₹250.00 |
| Jewel Loan (Non-Priority)
OD against Gold Jewels |
NIL |
| Loan against NSC/LIC Bonds | Upto ₹ 1 Lakh : Nil
Above ₹ 1 Lakh : ₹ 500.00 |
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