A. Adjustable price Loans (ARHL) and mix speed Residence Loan (“CRHL”) throughout the amount of applicability of this rate that is variable of |
A) For Individual Borrowers:
No prepayment charges shall be payable on account of part or full prepayments made through any sources for all loans sanctioned only to individual borrowers.
B) for any other than Individual Borrowers – For loans sanctioned with company/ Sole Proprietorship Concern/Firm or an HUF as co-applicants:
I. Just in case the mortgage is prepaid in the very very first six (6) months through the date of first disbursement, Prepayment fees shall be levied for a price of 2 % plus fees and levies which can be statutory costs, of this quantities being so prepaid;