Posted On
4/30/2024
11:21:17 AM
by
k
Dear JS,
As per my Experience u have to pay only principle amount nothing additional fees. Last year i closed with paid only principle amount only.
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Posted On
4/30/2024
2:03:23 PM
by
Well Wisher
you dont need to pay full interest. you pay only interest pending as of now. future interest, you dont pay. Bank wants you to keep paying the EMI''s, so that they get the interest out of you.
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Posted On
4/30/2024
2:14:56 PM
by
Mary Thessa
no need to pay full interest. Only the accumulated interest as of now
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Posted On
4/30/2024
8:03:16 PM
by
JJ
Dont close loan. Continue monthly instalment. Deposit 3000 kd in good long term mutual fund or flexi cap fund. If you have demat account buy shares of bluechip & some good companies. Keep for 5, 7 or 10 years and see. Indian markets going to next level in 5 years. It will be a good retirement saving for you.
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Posted On
5/1/2024
2:20:25 PM
by
BK
You can request the bank for reimbursement profit while settling the full loan . There are reimbursement rules (Percentage of remaining profit) based on each bank.
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