No fee refund for fraud loan applications: HDFC Bank

“The bank does not waive the processing costs from customers who come forward in such discrepant/suspicious cases. The processing fee is charged towards defraying the cost of efforts of the bank for additional due diligence and verification and not for closing the cases,” HDFC Bank said.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3D1Mtir