गृह ऋण हेतु प्रोसेसिंग फीस कितनी है?

05 जून 2023

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What is The Processing Fee for Home Loan?

Banks and lending institutions levy a onetime charge on the different types of Home Loan products. This charge, known as the Home Loan processing fee. It is generally not deductible from the loan amount, and the borrower pays it separately. This is a fee to cover the loan processing cost incurred by the lender or the bank. Some banks may waive such processing charges for a Home Loan as part of special offers.

Bank of Baroda Home Loan Processing Fee

  • Document Verification/ vetting charges
  • Pre sanction Inspection (Contact Point Verification CPV) charges
  • Onetime post inspection charges
  • Advocate charges for a legal opinion
  • Valuer charges for valuation
  • Bureau report charges
  • CERSAI charges
  • ITR Verification charges

Post Sanction Processing Fees for Home Loan:

S. No. Area of Banking Service Service Charges (excluding GST)  w.e.f. 20.06.2019
1 Baroda Home Loan & Baroda Home Improvement Loan
  • Slab-wise
  • Up to Rs 50 lakh 0.50% of the loan amount: Minimum: Rs 8,500 (Upfront) Maximum: Rs 15,000
  • Above Rs 50 lakh 0.25% of the loan amount: Minimum : Rs 8,500 (upfront) Maximum: Rs 25,000
  • The above charges are unified processing charges which include inspection, valuation and legal fees.
  • The above charges are for all categories of borrowers under Home Loans.
2 Baroda Home Loan Top Up 0.35%
Minimum: Rs 5,000 (upfront)
Maximum: Rs 12,500
3 Takeover of Home Loan
(Resident /NRI/PIOs)
Flat: Rs 8,500 (upfront)
4 Pre-Approved Home Loan (In- Principle Sanction) 0.25% - 0.50%
Rs 8,500 (upfront). Suppose the borrower submits the property documents within the validity period of a pre-approval letter. In that case, the balance amount of unified processing charges applicable to Home Loan will be recovered from the borrower.

Charges other than Home Loan Processing Fees

Banks also levy other charges like Home Loan prepayment or loan conversion charges. However, in case of a Bank of Baroda Home Loan, there are no charges applicable if the borrower chooses to prepay the loan amount before the tenure is over.

Impact of Home Loan Interest Rates

There is no correlation between the processing fee and the interest rate. However, your loan amount does factor in calculating the processing fee. A Baroda Home Loan is charged at the prevailing floating rate which is linked to external benchmark of REPO (RBI) or MCLR. The interest rate is linked to the Baroda Repo Linked Lending Rate (BRLLR) and is reset annually based on your bureau score (cibil).

Why Should You opt for Bank of Baroda for Home Loans

With a Bank of Baroda Home Loan, you can enjoy a free credit card and concession of 0.25% for car loans . You can also opt for a group credit life insurance cover when you apply. This cover protects the family against the borrower's death, and the family is not required to repay the Home Loan to the extent of the claim amount. You can pay the premium for the cover along with the EMIs.

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    The contents of this article/infographic/picture/video are meant solely for information purposes and do not necessarily reflect the views of Bank of Baroda. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Bank of Baroda and/ or its Affiliates and its subsidiaries make no representation as to the accuracy; completeness or reliability of any information contained herein or otherwise provided and hereby disclaim any liability with regard to the same. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Bank of Baroda or its affiliates to any licensing or registration requirements. Bank of Baroda shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

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गृह ऋण संबंधी टॉप-अप-संपादित

यह एक नया वर्ष है और ज्यादातर लोगों के जीवन में नयापन आना, सामान्य है। फिर भी अपने लिए घर खरीदना सबसे बड़ी आकांक्षाओं में से एक है। हालांकि, अचल संपत्ति की आसमान छूती कीमतों के साथ, संपत्ति की खरीद कई व्यक्तियों की पहुंच से बाहर है। इस कारण से, घर खरीदार अब अपने सपनों के घर की खरीद के लिए गृह ऋण का विकल्प चुन रहे हैं। बैंक और कई उधारदाता इन दिनों कई नियमों और शर्तों के अधीन ब्याज की प्रतिस्पर्धी दरों पर आवास वित्त प्रदान करते हैं।

गृह ऋण पुनर्भुगतान प्रीपेमेंट को समझना - नियम, लाभ और शुल्क

यदि आप अपने ऋण के बोझ कम करना चाहते हैं, तो आपको गृह ऋण के पूर्व भुगतान पर विचार करना चाहिए। जैसे ही आपके वित्त में सुधार होता है, आप अपने गृह ऋण को आंशिक रूप से या पूर्ण रूप से पूरा करने का विकल्प चुन सकते हैं। अगर आप अपने गृह ऋण को निर्धारित अवधि से पहले पूरी तरह या आंशिक रूप से चुका देते हैं, तो इसे गृह ऋण का पुन:भुगतान कहा जाता है।

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हम अपनी वेबसाइट पर आपके अनुभव को बढ़ाने के लिए कुकीज़ (और इसी प्रकार के उपकरण) का उपयोग करते हैं। हमारी कुकी नीति, गोपनीयता नीति और नियम एवं शर्तों के बारे में अधिक जानने के लिए, कृपया यहां क्लिक करें। इस वेबसाइट को ब्राउज़ करना जारी रखते हुए, आप कुकीज़ के उपयोग हेतु सहमति देते हैं और गोपनीयता नीति एवं नियम और शर्तों से सहमत होते हैं।