Processing Fee & Prepayment Charges for leading banks

  1. Processing fee
  2. Goods and Services Tax or GST
  3. Verification charges
  4. Charges levied for issuing a duplicate statement
  5. Penalty for pre-payment and part payment of a loan
  6. Penalty for defaults
Bank
Processing Fee

Prepayment Charges

HDFC Bank Personal Loan
0.25% to 1.50%

2%, Nil foreclosure charges after 3 months

Axis Bank Personal Loan
0.50% to 1.50%
Nil

ICICI Bank Personal Loan
0.25% to 1.50%

2%, Nil foreclosure charges after 9 months

SBI Personal Loan
500/- to 0.50%
Nil

Kotak Personal Loan
1% to 2%

2.25% of foreclosure amount if closed 1 month ahead of the tenure.

IIFL Personal Loan
Nil
Nil
Muthoot Personal Loan
NilNil
Manappauram Personal Loan
NilNil
PNB Personal Loan
0.70% to 1%
Nil
Canara Bank Personal Loan
0.01
Nil
Andhra Bank Personal Loan
NilNil