Home Loan

Make a Summary of your property

Processing Fees:

It is payable at the time of filing of the loan application. This is non-refundable and is charged to cover the costs of determining the loan eligibility of the potential borrower.

File Charges:

These are charges for preparing the documentation. Some banks and HFCs charge this fee.

Legal Charges:

These pertain to the legal evaluation of the house documents. Some banks charge this separately.

Commitment Charges:

These charges are payable if the loan is not utilized within a specified period of time after sanction.

Arranging Home Finance (Home Loan):

This factor needs a special attention as ultimately you have to arrange to pay for the cost of the property.