Are there any hidden T&C in Fi loan over mutual funds

[anony]

I have received the following email from Fi this morning. Flat 10.5% p.a looks attractive. Did anyone use this before? What are the probable hidden charges and things I should be expecting?

 

[Gaara]

I have received the following email from Fi this morning. Flat 10.5% p.a looks attractive. Did anyone use this before? What are the probable hidden charges and things I should be expecting?

Fi asserts that there are no hidden charges! However, keep in mind that if the loan is sanctioned by affiliated banks, they might impose additional fees or processing charges.