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Old 30th August 2007, 20:10   #3 (permalink)
msdivy
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Join Date: Aug 2006
Location: Bangalore
Posts: 472
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Rate is good, EMI is correct.
Usually they charge .1% as processing/administrative fee. In your case its comes to Rs 600. If possible, bargain and say you will pay the processing fee for zero pre-closure charges. In that case you can close the loan anytime you want without any hitch.
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