Hello Guys,
Very thankful for all the posts/blogs in this forum..
Very informative source
I have my own questions for HDFC Home Loan under Dual Rate which i took in Oct 2010
Now my interest rate is 12%
More details :
I had taken a loan on Land from HDFC under Dual Rate ( fixed for first 2 years and now paying 12% EMI ) for 15.8 Lacs
What I am planning now ?
Now I am planning to do pre-payment/part payment ( around 11 Lacs ) for the same
After reading all queries I had found there won\’t be penalty after moving to floating rate which is good
Question is:
But I wanted to know if there is any limit on the pre-payment/part payment amout under HDFC Home loan if anyone has done it already. I am planning to repay more than 85%
Thanks
prem