I took a personal loan of Rs.302,640/- for buying a flat from my own brother from
Centurian Bank in 2006. Now Centurian Bank has been taken over by HDFC bank. I have
regularly paid the Principal + Interest till September,2009. Now due to some & other
problem, I want to pay back the total outstanding at one time from my own resources.
But HDFC is claiming Prepayment Charges@4% on the Principal due amount along with
Late Payment Charges + Interest on it.

1) Please let me know whether bank can claim Prepayment Charge @ 4% on the Principal
due amount when it is paid from own resources and not to surrender the loan to any
other bank?
2) Can it claim Late Payment Charges + Interest when I am ready to pay the due
amount immediately at a time?