a. Switching from a Floating to a Fixed Rate scheme incurs a fee of 1% of the outstanding principal (minimum INR 10,000)
b. Switching from Fixed to Floating Rate attracts a 2% fee.
c. Switching from a Higher to a Lower Fixed Rate involves a 0.5% fee on the outstanding principal (minimum INR 10,000), with the lower rate being limited to the applicable carded interest rate