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No Penalty on Prepayment of Floating Rate Home Loans

No Penalty on Prepayment of Floating Rate Home Loans
Reserve Bank of India (RBI) said floating rate home loans will be spared penal charges in case of prepayments. Besides the decision on home loans, the action points include measures to protect customer interest in unauthorized ATM transactions, and a policy for compensation to customers for mental harassment. The regulator for housing finance companies like [...] Continue Reading »



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