Articles for Processing Fees

Personal Loan: What you need to know about processing fees and hidden charges
1 month ago

Personal Loan: What you need to know about processing fees and hidden charges

Live Mint  

Personal loans are the most widely applied financial tool when the individual has an urgent need, such as medical, house improvement, or rescheduling debts. More weight is given to interest rates, but processing fees and even hidden costs are significant cost drivers when it comes to a loan. Verification charges: The lenders usually involve third party verification companies for all …

Personal Personal Loans Loans Personal Loan Interest Rates Fees Charges
USDA bans school lunch fees for low-income families
1 month, 2 weeks ago

USDA bans school lunch fees for low-income families

Associated Press  

NEW YORK — The U.S. Department of Agriculture announced that students eligible for free or reduced price school meals cannot be charged processing fees beginning in 2027. Families that qualify for free or reduced lunch pay as much as 60 cents per dollar in fees when paying for school lunches electronically, according to the report. “But $3.25 per transaction, especially …

School Districts Companies Families Fees Processing Roa
USDA to eliminate school lunch fees for low-income families
1 month, 2 weeks ago

USDA to eliminate school lunch fees for low-income families

LA Times  

The U.S. Department of Agriculture announced that students eligible for free or reduced price school meals cannot be charged processing fees beginning in 2027. Families that qualify for free or reduced lunch pay as much as 60 cents per dollar in fees when paying for school lunches electronically, according to the report. We will continue to work with Congress to …

School Districts Companies Families Usda Roa Lunch
RBI Asks Lenders To Merge Loan Processing Fees, Documentation Charges Into Actual Interest Rates
10 months, 2 weeks ago

RBI Asks Lenders To Merge Loan Processing Fees, Documentation Charges Into Actual Interest Rates

News 18  

To enhance transparency on loan information for borrowers in key facts statement, the Reserve Bank of India on Thursday said loan processing fees, documentation fees, and other charges need to be loaded into the actual interest rates. Now, for greater transparency for the borrowers, the Key Facts Statement must include details like processing fees, documentation charges, etc, Das said. “To …

Transparency Loan Rate Rbi Das Interest Rate Borrowers
What is Mortgage Loan? How Is It Different from Home Loan? Details Here
1 year, 9 months ago

What is Mortgage Loan? How Is It Different from Home Loan? Details Here

News 18  

Home loan borrowers while searching for loans come across a term most often — ‘mortgage loan’. Loan Amount: Mortgage loans can be availed up to 60-70 per cent of the property’s market value, while home loan can be availed by up to 90 per cent of the property’s market value. Mortgage loans can be availed up to 60-70 per cent …

Property Loans Loan Mortgage Home Loans Home Loan Cent
Gold loans vs personal loans: 4 factors that affect your choice
1 year, 9 months ago

Gold loans vs personal loans: 4 factors that affect your choice

Live Mint  

Major economies are in turmoil causing people to lose their jobs. Many borrowers now wonder what kind of loan would suit them best considering how they can choose between gold loans and personal loans. However, the sudden jump in gold prices and personal loan interest rates are not the only things that borrowers must consider before applying for a loan. …

Credit Personal Loans Gold Interest Rates Gold Loans Borrowers Many People
Things one should know before you go for home loans
2 years, 8 months ago

Things one should know before you go for home loans

Live Mint  

If finding the right apartment to buy seems tricky, understanding what all a home loan entails may be no different. Under its ongoing festive offer till 31 March, the bank is offering home loans at 6.7% per annum to salaried individuals with a credit score of 750 and above. In the case of IDFC First Bank and Axis Bank, while …

Bank Loans Loan Score Banks Lakh Emi
PhonePe will now charge upto Rs 2 per transaction for mobile recharges
3 years, 2 months ago

PhonePe will now charge upto Rs 2 per transaction for mobile recharges

India Today  

Walmart-owned digital payments app PhonePe will now charge processing fees for mobile recharges. The company has said that it would charge fees in the range of Re 1 to Rs 2 per transaction for mobile recharges for value above Rs 50. PhonePe is the first payments' app to have started charging for transactions “On recharges, we are running a very …

Payments App Upi Phonepe Processing Fees Re 1 Mobile Recharges
Car Loan Festive Offer: Good news! All these banks, including SBI-PNB and HDFC, are offering cheap car loans, check how much your EMI
3 years, 2 months ago

Car Loan Festive Offer: Good news! All these banks, including SBI-PNB and HDFC, are offering cheap car loans, check how much your EMI

ABP News  

New Delhi: If you are planning to buy a new vehicle during the festive season this news may interest you. Several government and private banks including SBI, Bank of India, Bank of Baroda, Punjab National Bank, and HDFC are offering car loans at lower rates. SBI, the country's largest state-owned bank, is currently offering car loans to its customers at …

Car Bank Loans Loan Interest Rate Emi
Looking for Home Loan of Rs 30 Lakh? Check Interest Rates and EMI of these 10 Banks
3 years, 8 months ago

Looking for Home Loan of Rs 30 Lakh? Check Interest Rates and EMI of these 10 Banks

News 18  

The State Bank of India has revised its home loan rates, hiking them by 25 basis points or 0.25% to 6.95% from 6.70% earlier. The bank will also impose a consolidated processing fee. Here’s the EMI and processing fees that you will have to pay while taking loan of Rs 30 lakhs for 20 years from other banks: Kotak Mahindra …

Bank Loan Fees Interest Rate Processing Interest Rate
RBI Is 'State' Under Article 12; Private Banks Discharging Public Functions Amenable To Writ Jurisdiction: Calcutta High Court
3 years, 9 months ago

RBI Is 'State' Under Article 12; Private Banks Discharging Public Functions Amenable To Writ Jurisdiction: Calcutta High Court

Live Law  

The Calcutta High Court has held that th Reserve Bank of India is "State" under Article 12 of the Constitution and thus, a writ petition is maintainable against it. The Single Bench ruled, "Since the Reserve Bank of India is an instrumentality of the State, it comes squarely within the meaning of "State" as contemplated in Article 12 of the …

High Court Court Bank Writ Fees State High