Dhanam Investment and Finance Private Limited publishes this Schedule of Charges so that borrowers can see the
full cost of a facility before they commit to it. It is read with our
Interest Rate Policy,
Loan Pricing Policy and
Fair Practices Code.
Loan Against Property
Applies to LAP, Lease Rental Discounting, top-up and balance-transfer facilities.
| Charge | Basis |
|---|
| Processing fee | Up to 2.5% of the sanctioned loan amount, plus applicable taxes. |
| Login / application fee | As set out in your sanction letter and Key Fact Statement, issued before disbursement. Adjustable or non-adjustable against the processing fee, as specified. |
| Valuation & legal fee | At actuals, payable by the borrower. |
| Stamp duty & registration | At actuals, as per the applicable state law where the property is situated. |
| CERSAI / mortgage registration | At actuals, payable by the borrower. |
| Prepayment / foreclosure | Nil for individual borrowers on floating-rate loans taken for non-business purposes, as required by extant RBI regulation. For other categories and fixed-rate loans, as disclosed in the sanction letter and this Schedule at the time of sanction. |
| Late payment / penal charges | Levied as reasonable, non-discriminatory penal charges — not as penal interest added to the rate of interest, and not capitalised — in line with the RBI framework on penal charges. |
| Cheque / ECS / NACH bounce | As set out in your sanction letter and Key Fact Statement, issued before disbursement. |
Gold Loan
Charges applicable to loans against pledged gold ornaments.
| Charge | Basis |
|---|
| Processing fee | As set out in your sanction letter and Key Fact Statement, issued before disbursement. Plus applicable taxes. |
| Valuation / appraisal charges | At actuals, or as set out in your sanction letter. |
| Prepayment / foreclosure | Nil for individual borrowers on floating-rate loans taken for non-business purposes, as required by extant RBI regulation. For other categories and fixed-rate loans, as disclosed in the sanction letter and this Schedule at the time of sanction. |
| Late payment / penal charges | Levied as reasonable, non-discriminatory penal charges — not as penal interest added to the rate of interest, and not capitalised — in line with the RBI framework on penal charges. |
| Auction-related charges | At actuals, recoverable only from the sale proceeds of the pledged gold. |
| Delayed release of pledged gold | ₹5,000 per day payable by Dhanam to the borrower where release of the pledged gold is delayed beyond the prescribed period. |
Loan parameters at a glance
All amounts in Indian Rupees (₹).
| Parameter | Loan Against Property |
|---|
| Minimum loan amount | ₹1,00,000 (One Lakh) |
| Maximum loan amount | ₹5,00,00,000 (Five Crore) |
| Tenure | 12 to 180 months. Residential property up to 15 years; commercial or industrial property up to 10 years; Lease Rental Discounting restricted to the residual lease period. |
| Repayment | Equated Monthly Instalments via NACH / ECS mandate or post-dated cheques, commencing the month following disbursement. |
| Sanction turnaround | 2 to 7 working days from submission of complete documentation. |
Important notes
- All charges are stated in Indian Rupees (₹) and are exclusive of applicable taxes unless stated otherwise.
- Interest rates are determined under the Board-approved Interest Rate Policy, which considers cost of funds, risk premium and tenure premium. The applicable rate is communicated in your sanction letter.
- A Key Fact Statement setting out the loan amount, tenure, annualised rate, all charges and the recovery mechanism is issued before disbursement, and your written acceptance is obtained.
- Property insurance is required for mortgaged property. Life or credit insurance is never a condition of sanction, in line with RBI guidelines against forced bundling.
- Charges may be revised from time to time. Revisions apply prospectively and are published on this page.
- Questions about any charge? Raise them with your branch, or use our Grievance Redressal route.
