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Can I repay my loan ahead of schedule?

You can repay the loan ahead of schedule by making lump sum payments towards part or full prepayment. As per the RBI notification, all prepayment charges on floating rate loans have been waived. However, banks can charge as applicable and subject to its terms and conditions on fixed rate loans.

For any other queries about home loan, call our experts @ 8030196296. They are available from 8.30 am to 7.30 pm, except all Tuesdays and 2nd & 3rd Wednesday of the month.

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@@Tue Feb 15 2022 16:49:29