The only charge a moneylender can charge you is 10% of the principal mortgage quantity as an administrative charge, and this charge is paid instantly after you could have been granted the mortgage. In addition they verify the id proofs to find out in case you would be able to repay the loan after the stipulated time. THE THIRD OCCASION WILL APPRAISE YOU OF THEIR CHARGES, FEES AND TERMS BEFORE YOU WOULD ENTER ANY CONTRACT WITH THEM.