Finance
Preclosure Amount is high than Future EMI's Amount
- 09-09-2008
- 120
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