#prepayment #whatisprepaymentpenalty #foreclosurecharges #prepaymentonpersonalloans #prepaymentpenaltyprivatebanks #foreclosurechargesemicancellation Prepayment Penalty Foreclosure Closure charges in loans. Prepayment penalty on personal loans One must always read the Sanction letter completely to know the kind of charges that are applicable in the loans. Prepayment Penalty Foreclosure Charges on – Personal loans, consumer loans, business loans, etc. Public Sector Banks levy prepayment penalty or foreclosure charges between 0.50% to 3%. Private Sector Banks levy between 2% to 5%. Also Watch – SANCTION LETTER | HOW TO READ SANCTION LETTER | TERMS AND CONDITIONS IN SANCTION LETTER | PMEGP Subsidy Loan scheme | subsidy of upto Rs 8.75 lakh | full detail of loan scheme | ,
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PREPAYMENT PENALTY FORECLOSURE CHARGES IN LOANS | ALL LOAN DETAILS | PERSONAL LOAN BUSINESS LOANS |
Search related to the topic PREPAYMENT PENALTY FORECLOSURE CHARGES IN LOANS | ALL LOAN DETAILS | PERSONAL LOAN BUSINESS LOANS |
#PREPAYMENT #PENALTY #FORECLOSURE #CHARGES #LOANS #LOAN #DETAILS #PERSONAL #LOAN #BUSINESS #LOANS
PREPAYMENT PENALTY FORECLOSURE CHARGES IN LOANS | ALL LOAN DETAILS | PERSONAL LOAN BUSINESS LOANS |
au finance car loan statement
आप यहां बहुत सारी उपयोगी जानकारी देख सकते हैं।: यहाँ और देखें
आप यहां बहुत सारी उपयोगी जानकारी देख सकते हैं।: यहाँ और देखें
21 comments
Hello sir
I have taken personal loan from BOB last month now I want to prepay the full principal amount. Is it possible to pay the complete amount or I have to pay EMI of atleast 1 month?
Note : I have not paid any single EMI yet as the starting month of EMI is March.
Hello Sir My home loan is 662400 & 12 month is complete & loan EMI is 10845
Foreclosure charge is 4% + Gst
My question is Gst is charge on outstanding principle or 4% foreclosure
.sir..20.lakh.ka.loan.lia..10.saal.k.lia…
Kush.paise.mare.paas.he..oh.me.paise.
Bhar.sakta.hu..mare.k.kia.faida.huga.
Sr mene icici car loan liya tha to muze abhi mera loan close krna he to mera 1 hfta bounce huva tha to vo hfta mene turant 4 din me maine pe kr diya to uske bjese vo bol rhe he aapko for closing charges 5.9 prsent charges lgenge to aisa koi rbi ka gaude line he kya charges ke
Sr mene icici car loan liya tha to muze abhi mera loan close krna he to mera 1 hfta bounce huva tha to vo hfta mene turant 4 din me maine pe kr diya to uske bjese vo bol rhe he aapko for closing charges 5.9 prsent charges lgenge to aisa koi rbi ka gaude line he kya charges ke
Hello sir yu r the best motivator I have one problem sir I have taken a lap loan from umeed financial company in Chandigarh round about 46 lakhs in last year at fixed rate on 15.50% for eight years nd emi is 84000 thousands pm so now after one year I want to transfer my loan in another bank for less emi nd taking execc time for 12yr but old bank is taken a 5%charge with gst round about 2.60lakh for giving a foreclosure unnessery taken amount what shall i do sir Evan in sanction letter not to be written to taken pre payments charging but bank told which kit I have signed pre payments charging written there i was shocked because I am not read this big kit so sir pls help me ishall very thankful to yu pls guide
Sir mera personal loan 1100000 ka tha but abhi 9 lakh bacha hua hai. Mai ja ma karna chahata hu but bank 3 present ka charge laga raha hai kya kare pls conform me
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Sir. Hum jab loan clear karte hai to panalty poore emi par count hoti hai ya bache hu ye main amount pe
Hello sir. I have loan amount 16 lakhs for my home recently. it has been 2 years i have paid emi without fail and paid 60 thousand at prepayment in december 2021. Now in around april i want to pay 10 lackhs as prepayment but indusind bank telling me that i can only prepay 25% max of principal. I want to know can i take home loan from other bank of 6 lakhs and add my 10 lakhs and forclose indusind bank loan?
Sir my loan a personal loan for Tata capital I want to foreclosure but Tata capital charged 4.5%penlty charged they are telling me your personal loan are not term loan and this circular are changed RBI after lockdown period . reply me.
For joint home loan
Hi sir I have taken 10lacs personal loan from IndusInd bank and I repayed 28 EMI now I am planning to close this loan in one shot but bank customer care is saying u have to pay foreclosures charges almost 4% so it is valid as per RBI rules
Business loan liya ha but mane udyan certificate holder hu mein kya mere pe bhi foreclosed charge applicable hai
Sir mai Ravindra Dohale mera home loan hai mai loan close karta muzhe 3% fourclosure charge lagaye hai
Jab rbi ne declare hi kr diya tha tho fir b q lean pre close charges
What will be the upward foreclosure charges
Hello sir,
Meri loan pe foreclosure charges k samne condition ye hai ki 4% of prepaid amount aftr 12 emi
Isme me prepaid ka matlab samjna chahta hu…k jo rakam bharna baki hai uske 4% ya yo jo maine abhi tak principal amt bhara hai uske 4%
Caar loan pe 6% chaerge le sakta hai kya?
My loan amount Rs 7L on December 2020 but I am pre payment my loan please advise me
Hello Sir, I have recently enquired in my bank about foreclosure of home loan.
They provided me the amount to be paid along with a document in which all EMIs are mentioned along with principle, interest & ROI.
However, as I checked the loan initially started with a ROI of 9.45% however they have changed it time to time ..initially they reduced it to 8.9 for a few months and then from there onwards..they have increased it to 11.85 and have calculated the remaining tenure for next 15 years..
Can you please guide me on this..
Why they have increased the ROI even in pandemic times when rates have gone down.
Also, why they have calculated the remaining tenure based on 11.85 ?
Thanks
Sandeep yadav