Hi,

I took a home loan ( fixed at 10.75 ) from citibank in july 06.

Sanctioned Loan Amount	24,25,000.00
Disbursed Amount	12,25,000.00

Now After completion of repayment of Disbursed amount, They are asking for 2% of 1200000 as prepayment penalty.
Why should I pay the penalty for the amount which was not disbursed to me ?
This is unfair policy and someone should look into it.

thanks
Abhishek