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Q.

Dear sir, this is Rohit Sodhi and want to ask I am having Rs 650000/- housing loan from HDFC Bank & my EMI is Rs 6843/- I want to know that is it suggestable to repay the parlty loan.

Tags: dear sir, rs, emi
Asked by rohit s sodi, 05 Mar '08 05:31 pm
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Answers (1)

1.

You would need to check the loan agreement regarding the clauses of prepayment. Many banks permit partial prepayment towards home loan after a certain point of time, without levying prepayment penalty.
Answered by arunraj vs, 09 Mar '08 10:26 pm

 
  
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