Hi,
I have taken a loan of Rs. 85.00 Lacs from HDFC Bank Ltd against my house property vide loan no. 601038315. The rate of Interest was 11.75 % at the time of disbursement. Now the rate of interest has increased to 13.25 %, thereby no. of EMI's has increased by few years. Due to this burden of extra EMI's i have decided to pay back the whole loan. But now the bank is saying for prepayment charges of 2 % on the outstanding amount to be paid back, whereas when we took the loan, they said there will be no prepayment charges, if we decide to pay it at any time in future. And also as per RBI Notification they should not charge such fees.
I want to close it very quickly, please guide what should i do..
Regards
Hemant
0 comments