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Planning to pay off loan before time? Here is what works in your interest

Foreclosing a loan other than floating-rate home loan attracts foreclosure charges, which can range between 2 per cent and 6 per cent

Sarabjeet K Sen |Business Standard
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Planning to pay off loan before time? Here is what works in your interest

4 min read Last Updated : Jul 05 2019 | 12:49 AM IST
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While loans allow us to enjoy things before we have the money to pay for them, they also carry an interest cost. So, when borrowers receive a bonus or any other sort of windfall, they often think of f

Topics :loansLoan repayment

First Published: Jul 04 2019 | 8:36 PM IST

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