HDFC Bank Ltd
Partial Closure of Personal Loan

Dear Sir,

I have asked the bank, whether can i partially pay my personal loan?

They have informed me, that as per RBI guidelines we can't accept partial payment against personal loan.

either you need to close completly by paying pre clouser charge or you need to pay instalments entire term of your loan.

My complaint is that, if i want pay my loan partially as and when i have money with me, so that, i can save interest cost as well as i will be lessen my burdon over a period of time.

This is not only my problem it is a problem of all personal loan barrower's.by the way banks are dealing want increase the defalters of personal loan and make more losses.

I hereby request to allow us to pay personal loans partially and help us to reduse burdon.

Thanks and Regards

Anjaneyalu VS