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I think we get to know how extensive research it takes to find the perfect home. And The same is true for home loans. Finding the best-fitting bank or NBFC requires extensive research. I have a home loan account with IIFL. So, I can help you with IIFL home loan processing fees.
These are IIFL home loan processing fees. I hope this helps you.
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What is IIFL Processing Fees For Home Loan?
I think more and more individuals are choosing IIFL Home Loans for their house loan needs as a result of our affordable interest rates, prompt approvals, little documentation requirements, and flexible EMI payments! Although you may opt to go with IIFL for a home loan to obtain quick and easy access to funds for purchasing your dream residence, there are certain costs and charges involved as well. IIFL offers competitive and affordable interest rates, as previously stated, with rates as low as 8.75%. The following are the additional charges associated with choosing an IIFL Home Loan, on top of the interest rate charges:| Processing Fees | Up to 1.75% |
| Collateral Evaluation Charges in Home Loan Non-APF | ₹3,000 |
| Late Payment Charges | 18% per annum on the overdue loan amount |
| Foreclosure Charges | When a loan is availed by the company - Within 12 months of 1st Disbursement - 5% of the amount prepaid + taxes Post 12 months till fixed rate tenor - 3% of amount prepaid + taxes |
Authors Of The Question
What is the Processing Fee For IIFL Home Loan?
Usha
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4 months
2024-05-07T10:57:03+00:00 2024-05-07T10:57:16+00:00Comment
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