Particulars | Charges |
---|---|
Loan Processing Fees | 0.25% to 2% of Loan Amount |
Loan Cancellation | Nill - 5% (according to Bank/NBFC) |
Stamp Duty Charges | As per the Value of the Property and State Tax |
Legal Fees | As per actuals |
Penal Charges | Usually 2% per month |
EMI / Cheque Bounce | Approx 500/- |
Foreclosure | Nill to 4% (According to bank /NBFC) |
Other fees and charges that lenders may levy on your personal loan include documentation charges, verification charges, duplicate statement charges, NOC certificate charges and swap.