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Posted On :- 06/06/2008
 
Question Asked :-  
 
I have taken loan from HDFC Bank and paying monthly emi of Rs. 6800/- for 59 months and I want to switch my loan from HDFC Bank to any other bank for short period so can i do that  
 
Answer :-  
 
You cannot transfer your loan to some other bank for a short period. You can either transfer it completely or not. However you may want to consider the prepayment penalty for closing your existing loan and processing fee for the new loan.  
 

Car loan query listing
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Qid Question
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