Does the processing fee apply to online loan or credit applications as well?

Yes, processing fees also apply to online loan or credit applications in India. Online applications typically have lower processing fees than offline applications, as they require less paperwork and manual processing. However, it is important to check with the lender or financial institution about the specific processing fees that may apply to online applications. It is also important to be cautious of any fraudulent websites or online lenders that may charge high processing fees or other hidden fees. Always research and verify the legitimacy of the lender before applying for a loan or credit product online.