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 |