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Schedule of Service and applicable charges

Development Credit Bank Ltd. offers best interest rates and other facilities. You can choose from Adjustable Floating Rate DCB Home Loan and other wide variety of services.
Charges	DCB Home Loans
Loan Processing charges	Upto 1% of the loan amount, subject to a minimum of Rs. 5000/-, of which Rs 2500/- would be payable at the time of loan application (by way of a cheque / PO / DD), balance payable prior to disbursement.
Annual Maintenance Charges (DCB PayLess Home Operative Account)	Upto 1% of outstanding loan amount as on 31st March every year (Loan account Closing balance as per loan account statement). This will be an annual charge which will be normally debited from your DCB PayLess Home Operative account during the following quarter. The annual charge would be debited if the excess fund deposited in the DCB PayLess Home Operative Account exceeds 30% (on an average basis for the preceding financial year) of the loan outstanding as per the actual loan account statement as on 31st March every year.
Prepayment (Foreclosure) Charges	Full pre-payment of the loan is not permitted in the first 12 months from the date of full disbursement. 2% penalty plus applicable service tax would be charged to the customer on full pre-payment of the loan after a period of 12 months from the date of full disbursement. (Penalty would be applicable on such pre-payment amount including any part pre-prepayment made during the financial year)
Part – Prepayment Charges	No part-prepayment permitted in the first 6 months from the date of full disbursement. No part-prepayment charges would be levied for part-prepayment upto a maximum of 25%of the outstanding loan amount at any point in time in a financial year. For any part-prepayment exceeding 25% of the outstanding loan amount, part-prepayment charges @ 2% plus applicable service tax would be levied on the entire amount part-prepaid in the given financial year. No part-prepayment and reduction of EMI permitted in DCB PayLess Home Loan facility.
Re-Pricing Charges (Home Loan including PayLess Loans)	Upto 1% of principal outstanding (Minimum Fee of Rs 5000/-)
Penal Interest	3% per month.
Cheque/ECS swap charge	Rs. 500/- per event
Property Document Retrieval charge	Rs. 500/- per event
Cheque bounce charge	Rs. 500/- per event
Amortization Schedule	Rs. 100/- per schedule
Statement of Account	Rs. 100/- per statement
Foreclosure statement	Rs. 100/- per statement
Duplicate ‘No Objection Certificate’/’No Dues Certificate’	Rs. 100/-
Revalidation of ‘No Objection Certificate’	Rs. 100/- per NOC
Provisional Income Tax certificate	NIL
Final Income Tax Certificate	NIL
Interest Certificate	NIL
Change of Address	NIL
Loan Agreement Copy	Rs 500/- per event
‘No Objection Certificate’/’No Dues Certificate’	NIL

Note:

1. Above charges are NOT inclusive of Service Tax and other levies. Service Tax and other levies, etc. applicable as per prevailing rate will be charged over and above these charges.
Above charges are subject to change without any prior notice.
Any services not mentioned above shall be separately charged, as appropriate.
Part-prepayment received after 4th March gets allocated towards principal O/s from 4th April which is to be considered as the payment received in previous financial year & not next financial year.

Disclaimer

The information contained in Schedule of Charges herein above is intended for general information purposes and should not be used as a substitute for any form of advice or otherwise be relied upon. All information is subject to change without notice. Development Credit Bank Limited provides the Schedule of Charges for convenience. The information provided herein above does not constitute an offer to extend credit. The actual Schedule of Charges may vary.

DCB Bank gives no warranty, express or implied, as to the accuracy, reliability and completeness of any information, provided in the Schedule of Charges and does not accept any liability for loss or damage of whatsoever nature, which may be attributable to the reliance on the Schedule of Charges.

Kindly visit or contact any of our Branch Offices for the exact details or seek your own professional help.

Your concerns are our priority. While we consistently make every effort to provide you with the best of services, should you have any concerns that require special attention, please do not hesitate to contact our 24-hour Customer care centre.

You can also get in touch with Branch Operations Manager (BOM) or Relationship Manager (RM) at the Branch / Business Unit you are maintaining your relationship and they will be happy to assist you.