Product Details
Bank Name
DCB Bank
Maximum Loan Tenure
Not specified by the bank.
Maximum Loan Amount
Up to 5,00,00,000
Interest Rate
9.75% to 17% per annum.
Type
Both
Down Payment
LTV Ratio of up to 90%
Fees and Charges
Processing fees- 2% or ₹ 5,000 whichever is higher.
Pre-payment charges: NIL for floating interest rate. 4% for fixed interest rate.
Late payment charges: Rs 150 to 1,75,20,100.
Legal charges: At actuals.
Stamp Duty and registration charges: At actuals.
Minimum CIBIL Score
Not specified by the bank.
Down Payment and Fees
DCB Home Loan
Special Features
Available for both Fixed and Floating interest rates.
Eligibility Criteria
Not specified by the bank.
Special Concession
No
Home Saver Option
No
Features, Eligibility and Concession
Pros
LTV ratio of up to 90%.
Cons
High processing fee.
High penal charges in case of EMI default.
Very high interest rates.
Pros & Cons
Application Procedure
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