Transcription of Fees & Other Charges on Home Loans - LIC HFL
1 S. of the ProductorServiceFee/ChargesWhen PayableFrequencyAmount in Rupees1 loan forHousing/Improvement/Renovation / Extension/Refinance/Purchase ofPlotbySalaried Customers,Self Employed Customersand StageOnceLoan up to Rs. + Service TaxLoan + Service Tax2 New Face LiftProcessing feeApplication + Service Tax3 Mortgage Loans (GV)Processing feeApplication StageOnce1% of loan amount +Service Tax(whichever is lower)4 Apna office-IProcessing feeApplication StageOnce1% ofLoan amount +Service Taxsubject to loan amount office-IIProcessing feeApplication StageOnce1% of loan amount +Service Taxsubject to Lakhs-+ Service Tax6 Apna HospitalProcessing feeApplication of Loanamount + Service Tax subject tomaximum +Service Taxfor loan Rental Discounting (LRD)
2 Processing feeApplication StageOnce1% of loan amount+ Service Tax8 Statutory ChargesCERSAID isbursementStageOnceLoan upto + Service TaxLoan above + Service Tax9 Rewriting ChargesConversion feeOn ConversionOnceLoan + Service TaxLoan + Service Tax10 Cheque Bouncing ChargesBounce ChargesOn ChequeDishonourOn ChequeDishonourCheque Bouncing Dishonour Retrieval ChargesRetrieval feeOn loan +Service Tax12 Providing List of DocumentsMisc. feeOnRequestOn +Service Tax13 Photocopies of Title +Service Tax14 Late EMI Payment ChargesLatefeeOn DefaultOn DefaultUpto andinclusive of 12 the defaultedinstalmentDefaultofinstalment beyond thedefaultedinstalment15 Recovery ChargesOn DefaultOn DefaultOn DefaultCosts, Charges , Expenses, Incidental Chargesandanyothermonies that may have been expended byLICHFL in connectionwith & Other Charges on home Loans
