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