Personal loan interest rate for salary account and processing fees

Generally, bank charges 1% to 3% of the total loan amount as a processing fee. Not only processing fee but also Loan borrower  should be aware of the charges levied by the bank such as loan pre-closure charges late payment fees ,minimum payment fees .while Applying for the loan the customer should not only compare the personal loan interest rate as per loan but also should take in to consideration the other charges charged by the bank before the loan approval.Personal loan interest rate for salary account ,self emplyeed  loan interest rate offer differ from bank to bank.

 

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