[Resolved]  HDFC Bank Home Loans — penalty on prepayment

Address:

Pune, Maharashtra

Today I have visited to HDFC housing loan bank for repayment process of the existing loan. But bank representative told me that, as per bank process you will have to pay 2% penalty against the loan.

Sir, I have taken loan in Dec-2009 from HDFC Pune branch. When I shown them the Today’s 20th Dec-2010 Local leading news paper news,
then they told me that we don’t know about this, you have to pay it.

For more detail read below given link-
http://epaper.pudhari.com/epapermain.aspx

As a consumer I m confused what exactly is correct.

Requesting you suggest what to do? Or pl let us know to whom we should escalate the matter to survive from heavy penalty.

Regards,
Sagar T.
[protected]