Banks not ready to withdraw prepaymen...

Banks not ready to withdraw prepayment penalty on forclosure

There are 1 comment on the Hindustan Times story from Feb 2, 2010, titled Banks not ready to withdraw prepayment penalty on forclosure. In it, Hindustan Times reports that:

Banks have expressed concern over the competition commission's intervention on homeloan prepayment penalty issue as they fear that this would put pressure on their costs, increase risk and even lead to higher lending rates.

Join the discussion below, or Read more at Hindustan Times.



#1 Feb 4, 2010
I have worst experience about HDFC bank. It is the worst bank I have ever seen.
Be careful before investing in this bank ......
I did a investment with them till four year they took all the year payment it was young star linking with life insurance scheme for my son but on fifth year them send me half the amount what i have invested and aletter which state that it is closed

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