Hey folks,
I've applied for a home loan of ~₹85 Lakhs through a DSA and am currently awaiting disbursal. The bank rep shared the following breakdown of charges, and I’m feeling a bit skeptical.
Here is the list they provided:
Processing fees: ₹5,900 (includes login fees minimum ₹500 + GST)
Administrative charges: ₹5,900
Govt loan stamp duty: 0.30% of the loan amount
Govt Notice of Intimation (NOI): ₹15,300
Vendor change: ₹2,000
Facilities challan: ₹600
My main concern:
I'm not sure about the NOI and the loan stamp duty overlap. From whatever I have checked online, if I am already paying the 0.30% stamp duty on the loan, shouldn't the Notice of Intimation (NOI) just be a flat fee of ₹1,000?
Has anyone recently got a home loan disbursed in Mumbai? What all charges did you pay?