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Q.

What Is The Processing Fee Under Asha Home Loan?

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0 2023-03-13T16:34:39+00:00

Recently, my brother decided to get Asha home loan from Axis Bank. Hence, I can guide you all about the Axis bank Asha home loan processing fees. Asha Home Loan is a specially designed financial product meant for clients buying their first homes. The Asha home loan is designed to suit even the most basic home loan demands, regardless of the property area (unit size), loan amount, or attractive rate of interest.

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By offering customised loan alternatives based on your banking practises or history of on-time payments, Asha Home Loans further ensures that your monthly income or line of employment won't impede you from purchasing a property.

For what purposes can I avail a home loan under Asha Home loans?

You can get a loan from Asha Home Loans to buy a ready-to-move-in, under-construction, or resale property. You can also apply for a home loan to buy a plot of land and build a house on it, or you can acquire a loan to build a house on a plot you already own.

What is the processing fee under Asha home loan?

There will be processing fees of 1% of the outstanding principal, with a minimum charge of Rs. 10,000, plus any applicable GST. At the time of application login, an upfront processing fee of Rs 2500 plus GST will be collected. Under any circumstances, including loan rejection/withdrawal of the loan application, non-disbursement of loan for reasons solely attributable to the customer, this fee will not be repaid. The appropriate balance processing charge will be collected when the loan is disbursed.

I’d like to conclude my answer here about the Axis bank Asha home loan processing fees. I hope this helps:)

Read More:

Is Property Insurance Mandatory for Axis Bank Home Loan? How to pay Axis bank home loan part payment online? How to Check Axis Bank Home Loan Status?
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