Service charges
Suman Kumar Agrawal (Chartered Accountants) (226 Points)
02 March 2016
Can Bank Take Processing Fees in Pradhanmantri Mudra Loan & Rate of Processing Fees?
3 Replies
CA CS Lokesh Singhal
(Company Secretary and Deputy Manager Finance)
(251 Points)
Replied 03 March 2016
No there is no processing fee for the sponsered loan
Suman Kumar Agrawal
(Chartered Accountants)
(226 Points)
Replied 03 March 2016
Entire Banks Are Taking Processing Fees
CA CS Lokesh Singhal
(Company Secretary and Deputy Manager Finance)
(251 Points)
Replied 04 March 2016
you can inform the bank that there should not be any processing fees charged by the bank as per the scheme
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