CERSAI Charges on Home Loan – Everything You Should Know

Summary: CERSAI charges ensure that applicants are not applying for several loans to get the same property. Read on to learn everything about CERSAI before applying for a home loan!

Purchasing a house is a major investment that requires a significant amount of money. Most aspiring homeowners don’t have all the required capital from the get-go, and that is why many people opt for Home Loans to realize their aspirations of owning their own home.

Other than the obvious costs associated with Home Loans, like monthly EMIs, and interest rates: there are several additional charges that borrowers may have to go through. One such charge is CERSAI charges on home loans. 

If you too are looking at Home Loans, read on to understand what CERSAI charges are, how they work, along with some interesting facts about them.

What is CERSAI?

CERSAI is an abbreviation of the Central Registry of Securitisation Asset Reconstruction and Security Interest. The Indian Government created CERSAI to detect untoward activity associated with Home Loans.

The CERSAI filters out illegal activities, such as applying for several loans to get the same property, or asset, from different banks. The Indian Government began to charge CERSAI Charges on Home Loans to protect the interests of loan providers who offer loans against properties.

The official CERSAI website offers lenders a thorough check of whether the security concerns of other banks or lenders are not already hindering an individual’s loan application. Lenders must provide the required registration details and the security concerns they have: on CERSAI’s website within a month. 

Individuals, lenders, and financial institutions can visit and register on the CERSAI official website by paying a small fee. With this, lenders will receive information on the property to ensure it hasn’t been affected by any other housing loan. 

Lenders should go through this process before approving the loan. It will also be highly beneficial for borrowers since they can look at the previous records to ensure whether or not the property has been associated with housing loans and is free from any liability. It will allow them to reduce the chances of any legal issues.

Must Read: Everything You Need To Know About Processing Fees For Home Loan

CERSAI Charges on Home Loan

There are certain steps borrowers must take to apply for a Home Loan. While checking home loan eligibility criteria, submitting all the home loan documents required, and filling out details are naturally most important, they should also look up the CERSAI charges on home loans. As per the rules and regulations of the Indian Government – banks, financial institutions, and individual lenders should register all security interests on CERSAI’s official website within a month.

For this, borrowers will be liable to pay a small CERSAI charge while taking the loan. They will have to pay a small fee of ₹50 + GST on the loan amount of ₹5 Lakhs. For loan amounts exceeding five lakhs, borrowers will have to pay ₹100 + GST.

CERSAI Objective

As previously mentioned, the Indian Government began CERSAI to contain questionable and deceitful actions associated with housing loans, such as people applying for a loan for the same property from different lenders. It was also launched to maintain a single registry of mortgages. 

The registry of the CERSAI needs all essential and relevant information about mortgage loans for a single property. Moreover, financial institutions can look at property details to check whether the property has previously been associated with housing loans and get essential information about the individual applying for the loan.     

Must Read: What is the Repayment Tenure for Home Loan?

How To Register With CERSAI?

The CERSAI registration is carried through the official CERSAI platform. The following are the steps involved with CERSAI registration: 

Visit CERSAI’s official website.

Click on Entity Registration and fill out the form.

Select the Mode of Entity Registration.

If you choose CKYC, fill in the complete details and upload a digital signature.

Enter CAPTCHA and click Submit. 

Once the process is done, you can track the progress online.


All financial institutions, banks, and lenders can register several asset securitization and reconstruction transactions. This is not done for CERSAI charges on home loans alone, but also for the registration of several types of mortgages in India, making for a more transparent and reliable mortgage.

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