Ask an Expert
Although our portal is chock-full of articles and other write-ups that simplify loans for you, there are bound to be occasions when such content is just not enough. You have a specific, personal issue that can only be solved by specific, personal answers.
The Ask An Expert section your own personal finance agony aunt page. You can ask any query related to personal finance here and get a reply - a personalized reply that will meet your specific needs.
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Date : Aug 12, 2008 Question I have taken a personal loan of Rs. 500000 lacs from ICICI Bank repayable in 4 years and EMI of Rs. 15015/ month. Can I take a cheaper loan and prepay the loan and save some money? What is the prepayment peanlty? Answer You can take another loan if you are getting it at a lower interest rate. The prepayment penalty on personal loan ranges from 2-5% of the outstanding loan amount, which varies from banks to banks. However you may want to evaluate the cost of prepayment charge and processing fee for the new loan and then prepay the loan. You may want to approach www.apnaloan.com for a personal loan because here is where banks compete for your loan. |
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| 16326 | NOW R U ISSUING THE PERSONAL LOANS IN HYDERABAD | ||
| 16311 | I want personal loan | ||
| 16220 | how much time you have taken to give a loan | ||
| 16186 | I an working in apollo sindhoori share broking office and i am receiving Rs. 6000 as amonthly salary. would i | ||
| 15804 | what is the maximum period of personal loan & can I decrease emi of pre loan | ||
| 15756 | i have recently join a MNC.and i need a personal loan.what shall i do? i am not in my home town | ||
| 15611 | want to avail pl from hdfcbank or union bank of india | ||
| 15602 | we need pl for 12%for year interset | ||
| 15600 | hi this is humera from hyderabad i want to know the doucuments you provide to give loan | ||
| 15509 | i want business loan of Rs. 1500000 | ||
| 15366 | business loan | ||
| 15345 | what is the procedure of prasonal lon | ||
| 15335 | ineed loan | ||
| 15298 | i have 3lakh loan from icici for 20% interest. Can u offer lower rate of interest. If yes than i will prepaid | ||
| 15239 | I need personal loan, I am a MBA post graduate and having 5 years of job experiance and presetnly working for | ||
| 15030 | I want personal loan for my domestic purpose. | ||
| 15013 | Hi, I m a software engineer and lukin 4 personal loan of 2 lacs. Pls suggest which bank can provide me a lowe | ||
| 15009 | I have a total outstanding amount of abut 1.8 lacs from 3 difff banks. Presently to improve my credit history | ||
| 15001 | Hello sir, I am working in a software company and getting 32000 per month salary. But unfortunatly i applied | ||
| 14989 | Sir, My name is Om Prakash Ojha, living in Ranchi, Jharkhand. I am interested in taking pl of 2lacs. So, I wan | ||
| 14984 | I HAVE NO RESIDENCE PROOF ECCEPT BANK STATEMENT AND PRIVATE INSURANCE BOND & PREMIUM RECEIPT . CAN I USE T | ||
| 14983 | my personal loan app, is rejected by hdfc bank. do i need to pay any processing fee | ||
| 14976 | I want do my daughters marriage.She is a graduate software engi | ||
| 14974 | is it sensible to take personnal loan | ||
| 14968 | Looking for personel lone of RS 150000\ I am a working proffetional please provide me good bank details | ||
| 14965 | when personal loan application is denied by hdfc bank due to negative report of residence,do we need to pay an | ||
| 14962 | Dear Sir, I have a personal loan from Axis bank, of Rs.3,20,000. @ 22%. I already paid 8 installments out of | ||
| 14943 | i want to opt for personal loan of rs 100000, which bank will be good to take this loan | ||
| 14927 | I hav a personal loan of rs. 37500 from Citi Bank sanctioned in the month of June 2007. the interest rate is 2 | ||
| 14925 | I want an overdraft kind of facility, wherein interest will be charged only on amount used, is there any such | ||
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