Topics
- All
- Agri-Implement Loan(FL)
- Area Conversion Calculator
- Balance Transfer
- Balance Transfer(LAP)
- BL Eligibility Calculator
- BL Emi Calculator
- BL Interest Rate
- BL Required Documents
- Business Loan
- Charted Accountant Loan
- Doctor Loans
- Farm Loan
- Final HL Foreclosure
- FL Eligibility Calculator
- FL Emi Calculator
- FL Interest Rate
- FL Required Documents
- General Insurance
- Gold Loan
- Health Insurance
- HL Eligibility Calculator
- HL Emi Calculator
- HL Interest Rate
- HL Prepayment Calculator
- HL Required Documents
- Home Decor Finance
- Home Loan
- Home Loan Amortization Calculator
- Home Loan Balance Transfer calculator
- Home Loan Balance Transfer Documents
- Home Loan Fees and Charges
- Home Loan Prepayment
- Home Loan Tax benefits calculator
- Kisan Suvidha (Top Up)
- Kisan Suvidha Plus
- LAP Balance Transfer Calculator
- LAP Eligibility Calculator
- LAP Emi Calculator
- LAP Foreclosure Calculator
- LAP Interest Rate
- LAP Prepayment
- LAP PrePayment Calculator
- LAP Required Documents
- LAP Tax Benefit
- Life Insurance
- Loan Against Property
- Loan Against Property Fee and Charges
- Micro LAP
- ML Eligibility Calculator
- ML Emi Calculator
- ML Interest Rate
- ML Required Documents
- New Tractor loan
- Personal Loan
- Personal loan Fees and Charges
- PL Eligibility Calculator
- PL Emi Calculator
- PL for Salaried Employees
- PL for Self Employed
- PL Foreclosure Calculator
- PL Interest Rate
- PL PrePayment Calculator
- PL Required Documents
- PL with PAN Card
- Pragati Loan
- Professional Loan
- Refinance Loan
- Rural Loan
- SME Loan
- SME Loan Fees And Charges
- Supply Chain Finance
- Top Up
- Top Up(LAP)
- TW Eligibility Calculator
- TW Emi Calculator
- TW Interest Rate
- TW Required Documents
- Two Wheeler Loan
- Two Wheeler Loan Fee and Charges
- Vikaas Loan
- Vishwas Loan
- Warehouse Receipt Finance(FarmLoan)
Are there any hidden charges in a Loan Against Property?
Hidden charges may include processing fees, legal charges, and penalties for late payments. Reviewing the loan agreement helps avoid surprises.
How is the processing fee for a Loan Against Property calculated?
The processing fee is usually a percentage of the sanctioned loan amount and varies by lender. At L&T Finance, the processing fees for a Loan Against Property is up to 3% of sanctioned amount + applicable taxes.
Is the processing fee refundable if my loan application is rejected?
No, processing fees are non-refundable as they cover administrative costs.
Can processing fees vary depending on the loan amount?
Yes, higher loan amounts may attract lower processing fees as a percentage of the total loan.
Is stamp duty applicable on a Loan Against Property?
Yes, stamp duty is applicable on loan agreements as per state laws, typically ranging from 1-3% of the property value.
Are there any penalties for early loan repayment?
Prepayment or foreclosure charges may apply, typically 2-5% of the outstanding amount.
