PREMATURE AMOUNT PAYMENT OF LOAN

POSTED BY Raju Pathrabe ON April 2, 2013 3:54 pm ONE COMMENT

Dear Sir,

I have taken loan from SBI duration 10 yrs , EMI started from  Feb 2013.

i had planned to repay loan in 2 years duration.

Is it advicable to pay premature is there any penalty clause .

what are advantage and disadvantages ?

Thanks

Raju

One reply on this article “PREMATURE AMOUNT PAYMENT OF LOAN”

  1. Dear Raju, are you having a normal term loan or SBI Max Gain?

    thanks

    Ashal

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