Aptus Housing Finance

Aptus Home Loan Highlights
Interest Rates	14.00% – 15.50% p.a.
Tenure	Up to 15 years
Loan Amount	Rs 5 lakh to Rs 25 lakh
Loan to Value Ratio	Up to 85% of the property value
Processing Charges	2% plus GST (on sanctioned value)

Note: Rates as of 27th March 2023

Aptus Housing Loan Interest Rates

Type	Applicable Interest Rate (p.a.)
Floating	14.00% – 15.50%*
Fixed	14.00% – 15.50%*

*There may be some changes to the above rates of interest (after seeking the appropriate approvals) based on credit checks, business vintage/property papers and other parameters

Compare Interest Rates on Home Loans for Top Banks & HFCs

Name of Lender	Up to Rs. 30 Lakh	Above Rs. 30 Lakh to Rs. 75 Lakh	Above Rs. 75 Lakh
SBI	8.50% - 10.15%	8.50% - 10.05%	8.50% - 10.05%
HDFC	8.50% - 10.35%	8.50% - 10.60%	8.50% - 10.70%
LIC Housing Finance	8.45% – 10.10%	8.45% – 10.30%	8.45% – 10.50%
ICICI Bank	9.00%-9.80%	9.00%-9.95%	9.00%-10.05%
Kotak Mahindra Bank	8.85% onwards	8.85% onwards	8.85% onwards
PNB Housing Finance	8.50% - 14.50%	8.50% - 13.00%	8.50%-10.85%
Punjab National Bank	8.65%-9.60%	8.60%-9.50%	8.60%-9.50%
Bank of Baroda	8.50% - 10.65%	8.50% - 10.65%	8.50% - 10.90%
Union Bank of India	8.75% – 10.75%	8.75% – 10.95%	8.75% – 10.95%
IDFC First Bank	8.85% onwards	8.85% onwards	8.85% onwards
L&T Housing Finance	8.60% onwards	8.60% onwards	8.60% onwards
Bajaj Housing Finance	8.70% onwards	8.70% onwards	8.70% onwards
Tata Capital	8.95% onwards	8.95% onwards	8.95% onwards
Federal Bank	10.15%-10.20%	10.20%-10.25%	10.25%-10.30%

Aptus Housing Loan Fees & Charges

Upfront Charges (Before Disbursement)

Particulars	Rates
Processing charges	2% plus GST (on sanctioned value). 1% to be collected at the time of sanction and balance 1% to be deducted/collected during disbursement
Stamp duty	Andhra Pradesh – Rs 700 plus GST Tamil Nadu & Puducherry – Rs 300 plus GST Karnataka – Rs 625 plus GST Telangana – Rs 725 plus GST
Technical/Valuation report	Rs 1,000 plus GST (for loans up to Rs 10 lakh) Rs 2,000 plus GST (for loans above Rs 10 lakh) Rs 500 plus GST – for every subsequent disbursements
Legal report	Rs 1,000 plus GST (for loans up to Rs 10 lakh) Rs 2,000 plus GST (for loans above Rs 10 lakh)
CERSAI: During disbursement: Creation of charge	Rs 250 plus GST (for loans up to Rs 5 lakh) Rs 500 plus GST (for loans above Rs 5 lakh)

Customer Service Charges  

Particulars	Rates
Pre-closure charges	Floating interest rates – Nil Fixed interest rates Own source – Nil Loan transfer – 4% of principal outstanding plus GST
ECS/Cheque/ACH Bounce charges (per transaction/instrument)	ECS/Cheque/ACH return charge is Rs 500 plus GST per instance
Penal interest for delayed EMI payments	3% per month for no. of days delayed in EMI/PEMI payments
Document copy charges	Rs 500 plus GST

ECS/Cheque Swapping Charges

Particulars	Rates
Post-dated cheque to post-dated cheque	Rs 1,000 plus GST
Post-dated cheque to ECS	Nil
ECS to ECS	Rs 1,000 plus GST
ECS to Post-dated cheque	Rs 1,000 plus GST (only on exceptional basis)
Document custodian fees	Rs 500 plus GST per month (chargeable post 30 days of closure of loan account)

Eligibility for Aptus Home Loan 

The customer (whether salaried or self-employed) should have a steady flow of income

Documentation Required for Aptus Home Loan

While Aptus has not specified any specific documentation for home loans, some of the important documents required are as follows:

• Usual KYC related documents
• Proof of Income (income tax returns, salary slip, GST returns, banks statement for salary credit)
• Property papers

Aptus Home Loan EMI Calculator