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Procedure to pay principal loan amount at once
21-Aug-2023 (In Banking / Finance Law)
I took education loan from PNB of RS 390000, I didn't pay a single emi till now, currently outstanding loan amount with interest is 630000, Please let me know that I want to pay principal amount at a one time without interest is there any option I can pay pricipal amount without interest
No legally you are liable to pay each and every rupee along with interest.
The only option you have is to seek permission from bank for a one time settlement by which if bank agrees they may provide u a specific amount to pay. But that doesnt mean that u will be allowed to pay only principle amount.
The only option you have is to seek permission from bank for a one time settlement by which if bank agrees they may provide u a specific amount to pay. But that doesnt mean that u will be allowed to pay only principle amount.
Helpful?
16+
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Adv. Siddharth Jain
Nainital | 25+ Answers
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i know ye bank relateld matter h or isme aap ko exampt mil gayegi but interest lagega or baki court se hoga jo bhi ho sakta h may i help you you donot worry please contact to me ok
pahye aap mujhse milo uske bad karte h aap ki problum solve karte h
pahye aap mujhse milo uske bad karte h aap ki problum solve karte h
Helpful?
23+
23+
Adv. Rohitash Sharma
Haridwar | 25+ Answers
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