Inconsumercomplaints.com » Miscellaneous » Review / complaint: Finance - Preclosure Amount is high than Future EMI s Amount | News #223136

Finance
Preclosure Amount is high than Future EMI's Amount

We have availed loan and paid our EMI's regularly for 28 Months and decided to Preclosure.

The Future EMI's are 10985*7=76895.00

But they have collected at the Foreclosure

Principle -- 74250.00

Preclosure (4%) 2970.00

Interest 640.00

Total - 77860.00

They have collected more amount while preclosure than Future EMI amount

Pre closure Amount- 77860.00

Future EMI's Total -- 76895.00

The difference amount is 965.00

Can i claim this amount


Company: Finance

Country: India

Category: Miscellaneous

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