Charge Type | Details |
---|---|
Processing Fee | As per scheme applicability |
NACH charge | 0 to ₹ 1500/- |
Late payment interest | 3% per month on overdue EMI |
Repayment bounce charges | Rs 350/- no taxes |
Prepayment/ Foreclosure charges | Upto 5 % of prepaid amount + applicable taxes |
Legal/ Recovery/ Repo/ Parking & other charges | As per actuals |
Duplicate NOC charges (Charge is applicable for paper copy post 3 free copies per customer) | ₹ 250/- + applicable taxes |
Repayment swap charges (per swap) | ₹ 500/- + applicable taxes (applicable only for branch walk-ins) |
SOA/ RPS/ FC letter & other documents | Nil* |
ECS, Document & stamp duty charges | As per actuals |
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I am very much satisfied with the loan scheme of L&T finance. They have approved the loan within a very short time and the Yamaha MT bike was one of my dream bikes and I got the bike with support and help of L&T finance and a bit of down payment
I got a loan from L&T Finance. It was a very smooth and easy loan process. I just brought my KYC documents and got loan within five minutes, and the rate of interest is also very low. I am really very pleased with L&T Finance.
I really appreciate the No-Hypothecation scheme in which the interest rate is low and there is no hypothecation in Registration Certificate Card, which makes it a lot easier for the customer during closure of the loan.
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Get A CallbackBrindavan Building, Plot No 177
Vidyanagari Marg, CST Road,
Kalina, Santacruz (E), Mumbai 400 098
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