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Processing Fees

Up to 3% of sanctioned amount + applicable taxes

Login Fees:

Up to Rs.5000 /- (inclusive of applicable taxes) (nonrefundable)

EMI Dishonour/Bounce Charge*
*A bounce charge is a charge for
(i) dishonour of any repayment instrument; or
(ii) non-payment of instalment(s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate

As shown in the table below

Penal Charge/Late Payment Charges (LPC)

Up to 2% per month (p.m.) on overdue EMI + applicable taxes

Annual Maintenance Charges:

NA

Document retrieval / Duplicate NOC charges

Duplicate NOC (charge is applicable for paper copy post 3 free copies per customer), list of documents, Photo copies of the documents (property & others) Up to Rs.1000/- + applicable taxes

Repayment instrument swap fee (per swap)

Asset valuation and verification fee

Documentation and repayment setup fee

Up to Rs. 2,000/- + applicable taxes

Interest conversion fee

Floating interest rate to floating interest rate: 0.5% of balance Loan Amt. or Rs. 10,000/- whichever is higher + applicable taxes
Floating interest rate to a fixed interest rate and vice versa: 1% of balance Loan Amt. or Rs. 10,000/- whichever is higher + applicable taxes

Charges incurred by LTF for initiating action under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002:

Loan Cancellation Charges:

Up to Rs. 5000/ – + applicable taxes

Foreclosure / Full Prepayment Charges – Home Loan:

Pre-payment Charges – Home Loan:

Non-Compliance Charges:

Up to 1% of principal outstanding + applicable taxes

Field collection service fee:

Up to Rs. 500/- per collection + applicable taxes

Legal fees and charges

As per actuals or Up to Rs. 50,000/- whichever is lower + applicable taxes

Recovery charges

As per actuals or Up to Rs. 1,00,000/- whichever is lower + applicable taxes

Auction fees

Up to 1% of auction sale amount + applicable taxes