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Charge Type -Home Loans /LAPDetails
Processing FeeUpto 3% on Sanctioned Amount + applicable taxes
Repayment bounce chargesRs.1,000/- + applicable taxes
Late payment interest3% per month on overdue EMI
Annual Maintenance chargesNA
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 CertificateNil
Valuation ChargesAs per actuals
Documentation ChargeAs per actuals
Cash pickup chargeNil
Interest Rate Conversion ChargeRs. 1000+GST
List of documentsRs. 300/- +applicable taxes
Providing Photo copies of the documentsRs. 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 ChargesRs. 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

Get your dream home financed today!

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  • Get OTP Verification

  • Enter KYC Details

  • Share Income Documents

  • Share Company Documents

  • Get Loan Eligibility

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Do More With a

Home Loan!

  • Self-Construction
  • House Purchase
  • House Improvement
  • House Extension
  • Balance Transfer
  • Composite Loan Scheme
  • Balance Transfer Plus Top-Up
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  • Want to redo your home? You can avail of the Self-Construction loan for a residential house on a land owned by you.
  • Starting at an interest rate of 8.65%, a home loan could help with purchasing of a property and even Self-Construction of a home.
  • Salaried and non-salaried individuals are both eligible for a home loan.
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  • Move into your dream house with a loan for ready to move-in houses or even those under Self-Construction.
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  • Wish to make changes in your home? You can now take a loan to renovate your existing home through repairs and maintenance.
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  • Take a loan to extend your existing residential unit either by constructing an additional room or even a floor.
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  • Have you bought a home at a high interest rate? Make use of the balance transfer facility that allows you to transfer your existing home loan from an approved institution and also offers a feature of top up loan.
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  • This facility helps you finance the purchase of a plot and Self-Construction of residential house there on within a specific time.
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  • Use the Balance Transfer Plus Top-Up if you have a business of your own, are self-employed professional or non-professional with a regular income programme from only approved financial institutions.

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Home Loan And LAP

Home Loan And LAP

  • Disbursements at ₹2,399 Cr in FY22
  • Home Loan Approval (login to sanction): 20 minutes against industry average of 2 days

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