POSTED BY June 18, 2013 6:22 pm ONE COMMENTON
i have a lap from fullerton india credit for business.
rs. 1300000 @ 16% floating with 3% prepayment charges.
i have paid 15 emi till 5 june 2013.
now i want to close my loan account .
i want to know that would i have to prepayment charges.
please help as per latest rbi guidlines