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Can I pre-pay my EMI? Can I repay my loan early? Are there any charges?

By IndianMoney , 1 year ago

An individual can close the loan three months after the disbursal without any additional charges. Pre-closure before three months can be done after paying balance interest due to lenders for a period of 90 days from the date of disbursal. This is payable directly to lenders. Peer-to-Peer platform may charge a one-time non-refundable pre-payment fee.

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