Dear Team,
I had a Personal Loan 5 months before from HDFC @18 p/a. Now i want to foreclosure this and asked for the formalities form HDFC Support. I have already paid 5 EMI Dues including intrest. Now they are aksing for 12 Months interest and 4% Closure charges.
I am ready to pay the Current Priciple 4% closure charges. Why i need to bear the upcoming 6 months intrest.
Is there any RBI rules for this?
Kindly advice... i want to close this in Feb.2011
S. Murali - 9884951446
HDFC Loan A/C No: 17000371.
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