Need A Financial Product Forums Loans HDFC is unnecessarily demanding broken period interest on home loan

This topic contains 1 reply, has 2 voices, and was last updated by  Dhanraj Pawar 2 years, 8 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #48446

    I applied for home loan with HDFC Bank. EMI was fixed to be paid on 8th of every month. On 5th I requested them to disburse it but they insisted on providing them stamp duty documents, but it can be taken only after full payment to builder. They replied me on 11th and now asking for broken period interest. Tell me what I should do.

    #48447

    Raju Singh
    Member

    In my view, the question of broken period interest should not at all arise. However, if the officials do not agree then try to push your disbursement date to the beginning of next month.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...

GET IN TOUCH WITH US

Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email : connect@simplypaisa.com