Hello,
I had taken a loan from HDFC Ltd 2 years back for a 2 BHK. I now wanted to sell this mortgaged house and purchase a 3BHK for which i approached HDFC to prepay my existing loan. I also proposed to take my new larger loan from them but they insist that i pay 2% prepayment charges for this.
This is inspite of it being a floating loan and i prepaying the old loan only to take a larger loan from them simultaneously. Should i approach consumer court? Please guide