Personal Loan Processing Fees & Charges in India: Platform Fee, Transaction Fee & Foreclosure
Stashfin loans involve a 2.85% Platform Fee (+ GST) and a 3% Transaction Fee (+ GST). There are no recurring, foreclosure, or prepayment charges. Stashfin maintains a strict zero hidden fees policy.
Stashfin Personal Loan Fee Structure
Every charge applicable to a Stashfin personal loan of up to ₹5 Lakh is listed below. Nothing else is levied at application, disbursal or closure.
| Fee Type | Applicable Charge |
|---|---|
| Platform Fees | 2.85% + 18% GST |
| Transaction Fees | 3% + 18% GST |
| Foreclosure / Prepayment Charges | NIL |
How These Fees Apply to a ₹40,000 Loan
Using the same representative example of a ₹40,000 disbursal over a 36-month tenure, the one-time charges are:
| Fee Component | Amount |
|---|---|
| Platform Fee (inc. 18% GST) | ₹1,345 |
| Transaction Fee (inc. 18% GST) | ₹1,416 |
| Total One-Time Fees | ₹2,761 |
What Each Charge Covers
Platform Fee (2.85% + 18% GST)
A one-time charge that covers credit assessment, digital KYC verification, automated underwriting and the cost of maintaining the credit line. It is deducted at the time of disbursal, so the amount credited to your bank account is net of this fee.
Transaction Fee (3% + 18% GST)
A one-time charge applied on the amount you actually withdraw from your sanctioned credit line. Because Stashfin works as a Credit Cash line, you pay this only on what you draw, not on the full sanctioned limit.
Foreclosure and Prepayment Charges (NIL)
Foreclosure is closing the loan account before the scheduled tenure by paying the outstanding amount in a single instalment. Stashfin charges nothing for this, so repaying early only reduces your total interest outgo.
Charges You Will Not Pay on Stashfin
- No foreclosure or prepayment penalty.
- No advance processing fee before approval. Regulated platforms never ask applicants to deposit money to release a loan.
- No charge for applying or for checking your eligibility.
- No branch visit, courier or documentation handling cost, because the process is 100% digital.
Frequently Asked Questions (FAQs)
The Platform Fee is 2.85% + 18% GST and the Transaction Fee is 3% + 18% GST.
