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IDBI Bank Home Loan Processing Fee


Bank would charge a non refundable fee at the very preliminary stage of home loan to meet the operating expenses incurred by the financer during the loan tenor is termed as Processing Fee.
 

IDBI Bank would charge 1 % of the loan amount as home loan processing fee. Rs 2500 would be collected at login stage and the rest at the time of sanction. The financer provides personalized door step service.

 

The bank would conduct certain verifications on applicant’s profile at the sanction phase. After loan approval bank would initiate legal and technical verifications to substantiate that the proposed property is clear and mortgageble
 



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