|
Bank
|
Prepayment |
| Axis Bank | Part Prepayment is allowed after paying 1 EMI’s Nil prepayment charges |
| Full Prepayment is allowed after paying 1 EMI’s Nil prepayment charges | |
| ICICI Bank | Part Prepayment is not allowed |
| Full Prepayment is allowed after paying 6 EMI’s 5% prepayment charges applicable | |
| HDFC Bank | Part Prepayment is not allowed |
| Full Prepayment is allowed after paying 12 EMI’s Prepayment charges to vary by year: 2nd year – 4%; 3rd year – 3%, after 3 years – 2% | |
| SBI | Part Prepayment is allowed after paying 0 EMI’s Nil Prepayment Charges |
| Full Prepayment is allowed after paying 1 EMI’s Nil prepayment charges | |
| Kotak Bank | Part Prepayment is not allowed |
| Full Prepayment is allowed after paying 6 EMI’s 5% prepayment charges, 30 days notice applicable | |
| Citibank | Part Prepayment is allowed after paying 6 EMI’s Can pay between 2 and 5 EMIs at NIL charges |
| Full Prepayment is allowed after paying 6 EMI’s 4% prepayment charges applicable | |
| IndusInd Bank | Part Prepayment is not allowed |
| Full Prepayment is allowed after paying 12 EMI’s prepayment charges may apply | |
| Standard Chartered Bank | Part Prepayment is not allowed |
| Full Prepayment is allowed after paying 12 EMI’s prepayment charges may apply | |
| Fullerton India | Part Prepayment is not allowed |
| Full Prepayment is allowed after paying 12 EMI’s 4% prepayment charges applicable | |
| Bajaj Finserv | Part Prepayment is allowed after paying 1 EMI’s can prepay up to 25% in a year without charges |
| Full Prepayment is allowed after paying 1 EMI’s with 4% charges on outstanding principal | |
| Capital First | Part Prepayment is not allowed |
| Full Prepayment is allowed after paying 24 EMI’s 5% charges up to 6 months and at 4% after that |
Disclaimer: The information contained in this website is for general information purposes only.
