Fee on loan pre closure
The Reserve Bank of India on 7-5-14 gave a directive to banks not to levy any penalty for pre-paying floating loans. The floating loans include housing, corporate, vehicle and personal loans.
Posts tagged ‘penalty’
Articles by Mento Associates, Advocates & Legal Consultants – Bangalore
Posts tagged ‘penalty’
The Reserve Bank of India on 7-5-14 gave a directive to banks not to levy any penalty for pre-paying floating loans. The floating loans include housing, corporate, vehicle and personal loans.