Processing fee is the fee charged for verification of your basic information and documents and getting the same approved by our credit team. The company incurs a cost for this entire process which is why a small processing fee is charged to customers.

We incur a cost every time your profile is re-evaluated for a new loan or credit limit increase. This may include re-checking your Credit score, reviewing your profile and other operational efforts, hence a part of it is being charged to continue providing you the maximum benefit of the services.