MOST IMPORTANT TERMS AND CONDITIONS (MITC)

(b) Guarantee: Names of the Guarantor/s (if any) :

(c) Other Security interest (if any) :

(a) Property description :

Security of the loan would generally be security interest on the property being financed and/or any other collateral/ interim

security as may be required by HDFC.

7. Security/Collateral for the Loan [ * ]

3. Installment Types : Monthly

* Subject to variation in terms of the loan agreement executed/ to be executed between the Borrower/s and HDFC.

(b) Total number of installments where the loan is repayable in equated monthly installments :

2. Interest

(iv) Date of reset of interest :

1. Loan

Sanctioned Amount :

(i) Type :

(ii) Interest chargeable :

(v) Modes of communication of changes in Interest rate : HDFC informs of such change in Retail Prime Lending Rate

(RPLR) through a 'press release' in major leading news papers across India and on its website www.hdfc.com.

The Most Important Terms and Conditions (MITC) of the loan between the Borrower/s - and Housing Development

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A. Fees and other charges as applicable on application/ during the term of loan/ conversion charges for switching from floating to fixed

interest and vice-versa/ and penalty for delayed payments, are as under:

8. Fees and Other Charges

Sr. Name of the Product/Service Name of Fee/ When Payable Frequency Amount in Rupees

No Charge levied

7 Fees for Loans under HDFC Reach Processing Fees At Once Upto 1.50% of the loan amount +

Scheme Application taxes and statutory levies and

charges, as may be applicable from

Amount: Rs. 4500/-

3B Fees for Top-Up Loan (Self Employed Processing Fees At Once Upto 1.50% of the Loan amount or

Non Professionals) Application Rs. 4500/- whichever is higher +

taxes and statutory levies and

charges, as may be applicable from

time to time. Minimum Retention

Amount: Rs. 4500/-

8 Delay Payment Charges Additional On Accrual Monthly A maximum of 18% P.A on the

Interest defaulted sum.

3A Fees for Top-Up Loan (Salaried,Self Processing Fees At Once Upto 0.50% of the Loan amount or

Application Rs. 3000/- whichever is higher +

taxes and statutory levies and

charges, as may be applicable from

time to time. Minimum Retention

Amount: Rs. 3000/-

6 Fees for Value Plus Loans Processing Fees At Once Upto 1.50% of the Loan amount or

Application Rs. 3000/- whichever is higher +

taxes and statutory levies and

charges, as may be applicable from

time to time.

1B Fees for Non Housing Loan/Extension/ Processing Fees At Once Upto 0.50% of the loan amount or

Improvement of Non-Housing Loan/ Application Rs. 4500/- whichever is higher +

Refinance of Non-Housing Loan/Plot Loans taxes and statutory levies and

for Non- Housing (Salaried,Self Employed charges, as may be applicable

Professionals) from time to time. Minimum

Retention Amount: Rs. 4500/-

2 Fees for Housing/Extension/Improvement/ Processing Fees At Once Upto 1.50% of the Loan amount or

Refinance/Plot Loans for Self Employed Application Rs. 4500/- whichever is higher +

Non Professionals. taxes and statutory levies and

charges, as may be applicable from

Change of

security

12 Switch to Lower Rate in Variable rate Conversion Fees On Conversion On every Upto 0.50% of the Principal

Loans (Housing/Extension/Improvement) Spread Outstanding and undisbursed

change amount (if any) at the time of

Conversion or a cap Rs. 50000

plus taxes whichever is lower.

17 Cheque/ECS Dishonour Charge Miscellaneous On Cheque Depends Rs. 200/- Per Dishonour.

Receipts Dishonour on no. of

Dishonour

Receipts expenses

21 PDC swap Miscellaneous Event On every Upto Rs. 500 plus taxes.

Receipts request

14 Switch from Trufixed fixed rate to Conversion Fees On Conversion Once 1.75% of the Principal Outstanding

Variable rate and undisbursed amount

(if any) plus taxes at the time of

Conversion.

15 Switch to Lower Rate Conversion Fees On Conversion On every Half of the spread difference on the

(Non–Housing Loans) Spread principal outstanding and

change undisbursed amount (if any) plus

16 Switch to Lower Rate (Plot Loans) Conversion Fees On Conversion On every 0.5% of principal outstanding and

Spread undisbursed amount (if any)

change plus taxes at the time of Conversion.

23 Re-appraisal of loan after 6 months Processing Fees At Once Rs. 2000 plus taxes and statutory

from sanction Re-Application levies and charges, as may be

applicable from time to time.

22 Disbursement cheque cancellation Miscellaneous Event On every Upto Rs. 500 plus taxes.

charge post disbursement Receipts occurrence

9 Expenses to cover costs Incidental On incurring Incidental charges and expenses are

Charges expenses levied to cover the cost, charges,

taxes whichever is lower.

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B. On Foreclosure/Prepayment Charges

b) For Other than Individual Borrowers - For loans sanctioned with company/ Sole

Proprietorship Concern/Firm or an HUF as co-applicants:

ii. Upon the expiry of the first six (6) months and up till 36 months, the borrower shall have

the option to prepay up to 25% of the opening principal amount every financial year, of the

loan, without any prepayment charges. Such prepayments would need to be made from

the own sources of the Borrower.

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licenced bureau on a monthly basis. To avoid any adverse impact on the credit history with CIBIL, it is advised that the customer

should ensure timely payment of the amount due on the loan amount.

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13. Customer Services

i) Customer Service Queries including requirement of documents can be addressed to HDFC through the following channels:

The Managing Director,

The recovery process of enforcement of mortgage/securities, including but not limited to, taking possession and sale of the mortgaged

property in accordance with the procedure prescribed under the Securitisation and Reconstruction of Financial Assets and

Enforcement of Security Interest Act, 2002 (SARFAESI Act) or under any other law, is followed purely as per the directions laid down