Borrowers have the option to prepay their Home Loan, by repaying the outstanding loan amount before the completion of the loan tenure. Read this post to know 5 important things about loan pre-closure.However, banks and other financial institutions offer the Home Loan pre-closure facility to ...
Issue a cheque to your bank for the due amount. Fill out the study loan closure form via online or offline mode While issuing a cheque for the outstanding amount, keep a little extra amount, in case the manager closes your loan the next day, there shouldn’t be an additional outstanding...
9. Why do financial institutions charge a pre-closure fee? 10. Will the business loan carry fixed interest rate or floating interest rate? 11. Which factors affect the business loan interest rate? 12. Is it possible to reduce the business loan EMI? 13. Does defaulting on EMI affect co-ap...
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