Need A Financial Product Forums Loans Is it possible to prepay Canara Bank home loan online

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  • #48022
    samkapoor77
    Keymaster

    I want to make a prepayment through NEFT for Canara Bank home loan. I am not sure whether it is possible or not. I have read certain review on internet. As per these reviews many home loan borrowers have faced an issue related to advance EMI vs. prepayment after they have transferred the payment online to their loan account. Please guide me on this.

    #48023
    samkapoor77
    Keymaster

    If your Canara Bank home loan account number is linked with CBS, then you can easily transfer money to your account from any of your bank account. Money deposited this way will be considered as repayment.

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