Check Home Loan Documentation Charges & Processing Fees - Kotak Mahindra Bank

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Frequently Asked Questions

When will I have to pay the processing fee on my home loan?

The processing fee on the home loan is payable at the time of application.

Is the processing fee on home loan refundable?

No, the processing fee on home loan is not refundable.

Is prepayment of home loan allowed?

Yes, prepayment of home loan is allowed.

Can I close my home loan? What are the charges for prepaying the home loan?

Yes, you can close your home loan. The charges for prepaying the home loan are.

What are the other home loans charges in addition to processing fee?

In addition to processing fee, other home loan charges are payable only if your home loan application is approved. These charges are: documentation charges, charges for interest certificate, etc.

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Disclaimer (Things you should know):

For loans: Credit at the sole discretion of the Bank and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets.

* Rs. 5,000 Flat processing fee applicable for women applicants.