You can repay the loan in Equated Monthly Installments (EMIs) through post dated - cheques, Standing Instructions and ECS facility.
A processing fee of 2% of the loan amount is payable upfront. This fee will be deducted from the disbursal amount payable to you.
Yes, you can prepay the entire loan outstanding any time. No Prepayment charges to be levied on the outstanding loan amount. Part Prepayment is permitted.
We will encourage you to start a banking relationship with us so that we will be able to offer a host of other value added services, which are complementary to the loan, however opening an account with us is not mandatory