Fees and Charges

Processing Fee: Upto 3% on Sanctioned Amount + applicable taxes
Repayment bounce charges: Rs.1,000/- + applicable taxes
Late payment interest: 3% per month on overdue EMI
Annual Maintenance charges: NA
Duplicate NOC charges (Charge is applicable for paper copy post 3 free copies per customer): Rs 250/- + applicable taxes
Repayment swap charges ( per swap): Rs 500/- + applicable taxes
Additional documents charges -SOA/RPS/FC letter /Interest Certificate: Nil
Valuation Charges: As per actuals
Documentation Charge: As per actuals
Cash pickup charge: Nil
Interest Rate Conversion Charge: Rs. 1000+GST
List of documents: Rs. 300/- +applicable taxes
Providing Photo copies of the documents: Rs. 500/- +applicable taxes
Charges incurred by LTFL for initiating action under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002 · Issue of Loan Recall Notice = Rs. 500/ –
· Issue of Demand Notice = Rs. 1,000/ –
· Issue of Possession Notice = Rs. 2,000/ –
· Applying District Magistrate Order = Rs. 8,000/ –
· Taking Physical possession = Rs. 20,000/ –
Actual cost incurred will be debited for expenses pertaining to Publication of Possession Notice / Publication Demand Notice / Publication of Sale cum Auction Notice.
Legal / Recovery Charges (Other than pertaining to SARFAESI): As per actuals
Loan Cancellation Charges: Rs. 5000/- + applicable taxes
Recovery of proportionate actual expenses from disbursement date(s), from individual borrower(s) in Home Loan – Upto 0.75% of total disbursed loan amount + applicable taxes in case of closure within 18 months
• LAP – Upto 1% of total disbursed loan amount + applicable taxes in case of closure within 24 months
Foreclosure / Full Prepayment Charges – Home Loan For Individual Borrowers –
• Floating Rate – Nil Charge
• Fixed Interest Rate – other than own source of funds.
• Less than 1 year from disbursement – upto 3% on principal outstanding + applicable taxes
• Post 1 year of disbursement - upto 2% on principal outstanding + applicable taxes
For Non – Individual Borrowers – (Applicant/Co – applicant)
• Fixed & Floating rate loan –
• Less than 1 year from disbursement – upto 3% on principal outstanding + applicable taxes
• Post 1 year of disbursement – upto 2% on principal outstanding + applicable taxes
Pre-payment Charges – Home Loan For Individual Borrowers –
• Floating Rate – Nil Charge
• Fixed Interest Rate – other than own source of funds.
• Less than 1 year from disbursement – upto 3% on Partial / Prepayment amount + applicable taxes
• Post 1 year of disbursement – upto 2% Partial / Prepayment amount + applicable taxes
For Non – Individual Borrowers – (Applicant/Co – applicant)
• Fixed & Floating rate loan –
• Less than 1 year from disbursement – upto 3% on Partial / Prepayment amount + applicable taxes
• Post 1 year of disbursement – upto 2% Partial / Prepayment amount + applicable taxes