RupeeTimes' financial glossary  A-F |  G-O |  P-V |  W-Z |  1-9 |  Search by category |     Category: Definitions   Penal interest Plinth area Point Of Sale (POS) Power of attorney Pre-EMI Prime Lending Rate (PLR) Principal Processing Date Property tax Recurring Billing Refinance Charge Refinancing Repayment Repayment Holiday Repo rate Rest Reverse Mortgage Sale deed Stamp duty Statutory Liquidity Ratio (SLR) Stored-value Card Surcharge Tenure of the Loan Variable Interest Rate Refinance Charge When a borrower tries to repay a loan by refinancing, his existing lender will charge this fee as the refinance charge. Refinnance charges range from 1%-5% of the outstanding principal.