ContractHousing Loan Agreement • September 4th, 2017
Contract Type FiledSeptember 4th, 2017Most Important Terms & Conditions Major terms and conditions of the housing loan agreed to between (Borrowers) and the Rose Valley Housing Development Finance Corporation Ltd. are as under: 1. LOAN AMOUNT PURPOSE RATE OF INTEREST TENURE 2. FEES & OTHER CHARGES A. Pre sanction charges: i) Handling charges Handling charges at the time of receiving the loan proposal – Rs. 200/ - to Rs. 500/ - ii) Inspection Charges Minimum Rs. 1,500/ - or actual expenses to be incurred by Inspecting Official+ Service Tax payable before inspection. iii) Searching Fees Actual fees ranging from Rs. 1,000/ - to Rs. 2,000/ - + Service Tax payable after receiving the report. B. Post sanction charges: i) Documentation Fees Rs. 3000/ - + Service Tax payable at the time of documentation; if the documents are executed at the Co’s Registered Office or Rs. 5,000/ - or the actual amount whichever is higher if the same is executed at a place other than the Registered Office of the Co. at the request of the borr