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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
Surcharge
Surcharge is an additional charge imposed for a specific service, product or purpose. It is a fee charged on a card transaction by the acceptor to cover the additional cost of taking a card rather than cash or cheque.
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