A personal loan application includes a processing fee. It covers the administrative costs associated with loan processing.A processing fee of up to 5.5% of the loan amount and required document charges for a personal loan application process are applicable with Tata Capital. At the time of the disbursement of the loan, the fee is deducted from the loan amount. The personal loan processing fee is a one-time, non-refundable fee regardless of whether or not your loan is approved.