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HDFC Home Loan
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HDFC Home Loan
Preclosure Penalty for DRHL

I had taken a HDFC DRHL loan two years back. After 8.25% fixed rate for first two years, the interest is increasing is going to be floating around 12.5%. So I decided to switch to a different bank who is offering with a very lower interest rate. But for preclosing this loan, HDFC is charging 2% on ...

HDFC Home Loan
Prepayment penalty

I took a home loan in HDFC for my new flat and the flat is still in construction stage, so the flat is not registered in yet. Now I am selling the flat before registration, the approved loan amount is 50 Lakh and the outstanding balance on the loan is only 30 Lakh. HDFC is charging me 2% prepayment ...