Know about personal loan charges:
It is very important to know about the competition in current market. If we check the current market trends then we understand clearly about the best personal loan. Currently there are five major players available in market. They are HDFC, CITI, Axis, ICICI & SBI. So if we are looking for the best quotes then we have to know everything about the product program, fees and other charges, interest rates offers and other parts of the banks. One very important thing from all banks is that they are offering very good rates.
Some of private sector banks are providing instant personal loans in just 24 hours and some of other financial banks are providing special discounts like zero pre closure charges anywhere in Pune. HDFC offers special program for those customers who are getting salary more than 75 thousand per month. If you are one of them then you are also eligible for this hot offer from the bank. SBI providing the ultimate offer for personal loan as SBI Saral Personal Loan. Apart from these offers please check other charges and fees before applying.
Normally banks charge processing fees of approx 2% to 3% on personal loan, apart from the processing fees, additional service tax is added to it. Banks get the documentation charges which may be between Rs. 500 to Rs.1500 per case. Apart from this, banks charge pre closure fees on the principle outstanding loan amount and it can be go up to 4% to 5% on the outstanding principle loan amount.It can vary from bank to bank. We have the best offers from the markets and its provide zero foreclosure charges in across India. Check personal loan fees charges now.