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full-loan is not availed.3lacs loan is re-payed then will there be any penalties?

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taken LIC housing loan of 16 lac for 20 years sept 2011.full-loan is not availed.3lacs loan is re-payed then will there be any penalties?
asked Jan 18, 2012 in Loans by anonymous  
    

 
 

 

1 Answer

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There is no penalty on pre-payment of loan now as per RBI.

 

Hope it will help you.
Admin
 
answered Aug 12, 2012 by admin (47,540 points)   5 7 13

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