Interest Rate |
10% (Flat) p.a |
Processing fee |
499 + GST |
Pledge Charges |
500 + GST |
Stamp Duty |
As per actual |
Securities Invoking Charges |
Rs 5000 (In can of Default in Payment) |
Foreclosure Charges |
N/A |
Bounce Charges |
Rs 1000 |
Maximum Loan tenure |
12 month |
Minimum Loan amount |
Rs 10,000 |
Maximum Loan Amount |
Rs 10,00,000 |
What is the LTV |
Upto 80% (Depending upon MF scheme, marketing condition and internal policies of LARK ) |
GST shall be applicable as per actual |
If loan sanctioned is 100,000. Total interest will be Rs 10000. The loan repayment shall be in 12 instalments of Rs 9167 pm |