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Charges on a home loan that everyone should know.

When you take a home loan, you don’t just pay the EMI on the loan. there are as many as 13 different charges, though not all of them apply to every case. 1) Application Fee: Covers the preliminary expenses of a bank for conducting verification. Rs 1,000-Rs 5,000. 2) Processing Fee: Covers the cost of the credit appraisal. Fee depends on borrower’s…

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