Date:
Name:
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Message:

City: Bangalore
Employement Status: Salaried
Date of Birth: 01-07-1971
Earning Members: 1
Dependants: 2
Net Salary: Rs. 47000
Assets
Property: Rented
Vehicle: Owned
Other Assets: Owned
Loan Details
Loan Type: Two wheeler Car Loan
Loan Amount: Rs. 673000
Tenure: 60
Emi: 14443
ROI: 11.5
Emi Paid:

Query: I have taken a car through car finance.My EMI is 14443 on reduced balance at the rate of interest 11.5%.Now i would like to close this.So can you give me the details,What is the pre-closure interest rate and how much do i need to pay now.

Date:

Message:

Dear

The Pre-closure charges can only be confirmed from the Bank from where you have taken this loan.On normal bases the closure charges are around 2% to 3%.

Please revert with any clarifications on the above answer.