Following are the Lease Rental Discounting fees and charges, to avail of the loan:
If you avail an LRD Loan, you are required to pay a Loan Processing Fee / Renewal charges of 2% plus applicable taxes
Administration charges will be Rs 5,000 or 0.25% of the Loan Amount plus Applicable Taxes, whichever is lower
If you are pre-paying the loan amount any time after 6 months, from the date of the disbursement of the loan, you will have to pay pre-payment charges at the rate of 4% plus applicable taxes.