I took car loan from HDFC bank which was for 2 years repayment period.After 1 year when I approached bank for full repayment and closing my loan I was shocked with amount they charging me and what I have to pay to close loan was more than what I would have t pay in EMIs.It’s just unethical how they charge. HDFC been a really bad experience and hectic task to clear up the loan as they tell you go from one branch to another according to their branch duties.
Please choose some nationalised or co-operative banks for loans as they are better than private banks.