Date: 2008-06-17 16:26:28
Query : I AM PLANNING TO TAKE LOAN FROM SBI BANK (AMOUNT 1000000,AND THE TENURE IS 10 YEARS ). LATER ON IF I WILL BE WILLING TO PAY THE WHOLE AMONT WITHIN 5 YEARS, WILL BANK CHARGE SOME EXTRA AMOUNT OR WHAT.AND WHAT WILL BE THE EXTRA AMOUNT. PLZ ADVICE
-----------------------------------------------------------------------------------------------------------
Date: 2008-06-18 11:33:11
Message:
If you are able to fore close the loan earlier then there could be some charges levied. Each bank has their own terms & conditions.Confirm the charges with bank.
Please revert with any clarifications on the above answer.
Regards,
Amitoj Sethi
www.deal4loans.com
-----------------------------------------------------------------------------------------------------------
City : Delhi
Employment Status : Salaried
Annual Income : 100000
Type of Loan Running : No
Credit Card Holder : No
Residential Status : Rented
Vehicle Owned : Others