- Lender charges: processing, documentation, conversion, penal or other charges the lender actually lists.
- Third-party charges: valuation, legal review or insurance amounts collected for another provider.
- Statutory/property costs: stamp duty, registration, mortgage/filing or tax obligations that depend on the state, property and transaction.
RBI’s KFS rules for covered retail and MSME term loans require APR disclosure and separate disclosure of specified third-party charges recovered through the regulated entity. They also state that fees or charges not mentioned in the KFS cannot later be charged without explicit borrower consent. Use the actual KFS instead of assuming every bank uses the same processing-fee percentage.