Home Loan
Pre-closure charges

Hi,

I took a home loan in HDFC approx 2 years back. Now, I would like to transfer this loan to any other nationalized bank, but they charge 3% for loan transfer. This is too high. Only because of high rate of interest, Im planning for loan transfer.

HDFC always charges high rate of interest.

Please do take some action against the 3% charges for loan transfer. I am not sure, whether this charge is approved by RBI or bank itself is charging this amount. They make huge money by this high rate of interest and extra charges.

Thanks,

Murali