Originally Posted by rajagopals

Hi,

I have taken a personal loan during Feb 2011 and repaid 6 installements without fail. Since am planing to go for Home Loan, I thought of planning to foreclose my Personal Loan, But when i called to the bank they informed me that i can only foreclose after 12 month which is recent rule implemented in the HDFC bank. But, the agent who processed my loan told me that I can foreclose the Personal Loan after 6 months before processing.

For 4+ years I have very good relation with HDFC Bank, having Salary A/c, HDFC Credit Card A/c having good transactions, No single defaults of payment till now. But am very disappointed when I came to know foreclosure of Personal Loan can be done after 12 months only. I was mis guided my the agent who processed my Personal Loan. Even I contacted that agent and verified, he accepted he said its 6 months, and only later it was changed by HDFC Bank.

I would like to someone from HDFC Bank reponse to my above concerns immediately.

Thanks
Rajagopal Sivaraj
+91 9900579074
rajagopalse@gmail.com

Dear customer,

We apologize for the miscommunication over the foreclosure of your loan. We would like to assist you and require a few details. We request you to write to talktous@hdfcbank.com with your loan account details, contact details and the reference number TTU000360524082011. We will respond once we receive these details.

Regards, Customer Assistance, HDFC Bank

Hi,

I have taken a personal loan during mid 2011 and repaid 6 installements without fail. Now I thought to foreclose my Personal Loan, But when i called to the bank they informed me that i can only foreclose after 12 month which is recent rule implemented in the HDFC bank. But, the agent who processed my loan told me that I can foreclose the Personal Loan after 6 months before processing.

I dont know how to proceed.During agreement between me and HDFC bank bank representative clearly told me you can close after 6 months.

My loan no is -18644113

I want a positive feedback from HDFC bank and want to close the PL ASAP.

Thanks & Regards
Rahul