Fees & Commission
At Kubera Finco, we ensure complete transparency in our fees, which are structured to cover the costs incurred at every stage of the financing process. Borrowers are required to pay non-refundable fees at each stage, based on a percentage of the loan amount or a fixed minimum fee—whichever is higher.
1. Pre-Process Payment :
Covers the initial application review and verification. The fee is 0.1% of the loan amount or ₹50,000, whichever is higher.
2. Legal Opinion :
Involves thorough legal checks on the property and related aspects to ensure compliance. The fee is 0.1% of the loan amount or ₹20,000, whichever is higher.
3. Property Verification :
Includes on-site property inspection and valuation. This step incurs a fee of 0.1% of the loan amount plus travel allowance (TA), or ₹20,000 + TA, whichever is higher.
4. Agreement Preparation :
Covers the drafting and finalization of legal agreements. The fee is 1.2% of the loan amount or ₹5,00,000, whichever is higher.
5. Meeting & Finalization :
Arranging meetings, negotiations, and approvals. This stage carries a fee of 4.5% of the loan amount (remaining balance).
Total Service Fee:
The total service fee for financing amounts to 6% of the loan amount . All fees are non-refundable and ensure smooth and professional execution at every step of the financing process.
Terms and Conditions
– Borrowers must complete payment for each stage before progressing to the next.
– Fees are non-refundable regardless of loan approval status.
Any travel or additional expenses incurred during the process will be communicated in advance.
Have Questions? Get Answers...
1. Why are some fees based on the higher amount?
This ensures fairness for both small and large loan amounts. It covers the cost of resources required for each stage while maintaining affordability.
2. What does the pre-process fee cover?
This fee includes application handling, initial document checks, and basic verification. It ensures that only serious borrowers proceed further.
3. Why is the property verification fee inclusive of TA?
Property verification requires travel and site inspections. The TA (Travel Allowance) covers actual expenses incurred during these activities.
4. What is included in the legal opinion fee?
The legal opinion fee covers verification of property ownership documents, title clearance, and compliance with applicable laws.
5. Why is the agreement preparation fee higher?
This stage involves detailed legal drafting, negotiation of terms, and preparation of final agreements to safeguard all parties.
6. What happens if the borrower decides not to proceed?
All fees paid up to the point of cancellation are non-refundable as they cover completed services. Borrowers are advised to commit fully before initiating the process.
7. Is the final commission stage fee negotiable?
The final commission (4.5%) is standard and ensures the completion of the loan process. Negotiations may be considered for loans exceeding ₹10 crore.
8. Can I pay all fees upfront?
Yes, borrowers can choose to pay the entire 6% upfront, and in some cases, a discount may be offered. Contact us for more details.
9. Do I get receipts for each payment?
Yes, receipts are provided for all payments to ensure transparency and proper documentation.
10. How are payments handled?
Payments can be made through our secure online payment gateway or via bank transfer. For payment assistance, contact +91 99512 11555
Stay Vigilant: Avoid Unauthorized Payments – Your Security is Our Priority!
- Only make payments to authorized representatives or official bank accounts of Kubera Finco.
- Avoid third-party intermediaries or agents claiming to act on our behalf.
- Verify identities and official credentials before proceeding with any transactions.
Conclusion: Transparent Fees, No Hidden Charges
At Kubera Finco, we believe in complete transparency regarding our fees and commissions. Our structured fee system ensures that all costs are clearly outlined at each stage of the financing process. There are no hidden charges, and we strive to provide you with seamless service throughout your journey with us.
If you have any questions or need further clarification, feel free to reach out to our customer support team. We’re here to help you make informed financial decisions with confidence!
Your trust and satisfaction are our top priorities.