Hello friends,
I just taken personal loan from HDFC Bank. I am just sharing my experience with you. I took 1.5 lakh personal loan from HDFC for my sistem marriege. I visited the personal the branch and asked the the executive to for procedure for personal loan. he was guide me but he was taken more time to complete the procedure. I filled the form and submit, actually I want EMI period 36 month. and I written in the form also. but he was given the EMI for 48 months then I again visited the HDFC branch and I told that same but he was not agree to do it 36 months and intrest rate is near about 17% to 18% , within the few days HDFC transfer the 1.42 lakh from my back account I asked why you deducting the amount then he told that there is processing fee and insurance fee cost. my EMI was 4250 rupees per month and I paid near about 20 to 21 months then I want o close the personal loan then I asked the how much my loan is remaining than they told if you want to close your loan then you have to paid 104350 rupees including service and charges for pre close loan. I shocked after paid 20 EMI rhe load amount remainin 105350. But I close it then I feel better for loan free.
Thank you for reading.