MOHF | Home Loan | Fees & Charges

Sr No.	Reporting Body	Description
1	NHB	"NHB in exercise of the powers vested with it under the National Housing Bank Act, 1987 has imposed penalty of Rs. 15,000/- on 25/08/2020" on account of deficiency with regard to the adherence of the provisions of Housing Finance Companies- Corporate Governance (NHB) Directions 2016; Issuance of Non-Convertible Debentures on Private Placement basis (NHB) Directions 2014; and Policy Circular No. 55."

Instruments	ICRA	CRISIL	India Ratings
Short Term
Commercial Paper	[ICRA]A1+	CRISIL A1+	-
Short Term facility	-	-	IND A1+
Long Term
Market Linked Non-Convertible Debentures	PP-MLD [ICRA] AA-(Stable)	CRISIL PP-MLD AA-r/Stable	-
Non-Convertible Debentures	[ICRA]AA-(Stable)	CRISIL AA/Stable	IND AA/Stable
Bank Borrowings	-	CRISIL AA/Stable	IND AA/Stable

Sr. No	Fees / Charges Type	Description
1.	Non-refundable Processing fees:.	Up to Rs. 5,000 /- (Rupees Five Thousand only). Initial Processing Fee collected is one time non-refundable fee, and is collected for the purpose of processing the loan application of the borrowers and the same is independent of the outcome of such processing. The same is payable by way of Cheque / Demand Draft / Electronic mode of payment from borrowers bank account in favour of Motilal Oswal Home Finance Limited.
2.	Total Processing/ Admin Fees (Inclusive of the non – refundable initial processing fee)	Rs……………………(In Words……………………………………………………………………………………………………… …………………………………………………………………………..) The same is payable by way of Cheque / Demand Draft / Electronic mode of payment from borrowers bank account in favour of Motilal Oswal Home Finance Limited
3.	Cheque / ECS / NACH Dishonour Charges per Transaction	Rs. 500/- (Rupees Five Hundred Only)
4.	Document Retrieval Charges (Photocopy)	Rs. 1500/- (Rupees One Thousand Five Hundred only)
5.	Late Payment Charges after Due date	24.00% Per Annum per day post the due date of instalment.
6.	Charges for Statement of Account Prepayment/Fore Closure Statement Copy of List of Documents (LOD) Duplicate No Due Certificate	Rs. 2000/- + GST (18%) = Rs. 2360/- (Rupees Two Thousand,Three Hundred Sixty Only) – For each document request as listed.
7.	CERSAI Charges	CERSAI Creation : Loan Amount up to Rs. 5.00 Lakh: Rs. 50/- (Rupees Fifty Only) Loan Amount more than Rs. 5.00 Lakh: Rs. 100/- (Rupees One Hundred Only) CERSAI Modification : Same as above CERSAI Discharge : Nil
8.	Sanction Revalidation Charges (after sanction validity expiry date)	Rs. 1500/-(Rupees One Thousand Five Hundred Only)
9.	Technical Visit Charges	First Disbursement Visit - Free Subsequent Disbursement Visit - Rs. 750/-(Rupees Seven Hundred Fifty only)
10.	Collection Visit Charges	Charges for personal visit - collection in case of overdue account (In a month) First visit: Rs. 250/- (Rupees Two Hundred and Fifty only) Every subsequent visit in the same month will attract an additional charge of Rs.250/- (Rupees Two Hundred and Fifty only) over and above the previous visit charges. I.e. for second visit Rs.500/- and for third visit Rs.750/- and so on.
11.	Disbursement Cheque Cancelation & Re-issuance	Rs. 1000/- (Rupees One Thousand Only)
12.	Processing Fee Refund Norms	In the event of loan being rejected by MOHFL post sanction or disbursement for any specified reasons or in the event of applicant withdrawing his application himself, the collected processing fee will be refunded to the borrower subject to deduction of following charges Up to Rs. 5000/- (Rupees Five Thousand Only) inclusive of Initial Processing Fee received. Interest payable as applicable will be deducted. Collected statutory taxes
All fees indicated above are excluding Statutory Taxes & taxes as applicable will be collected in addition to the fee.