Team-BHP - View Single Post - Loan Closing

HKP · 10th September 2007, 15:26

My Car loan from Standard chartered is going to get over in Jan 2008, But I am planning to close it by paying up. I will have to pay 5% extra as charges is what they have told me. The amount is not very huge in total and I have decided to do that. Std.Chartered has discontinued Car Loan product it seems so negotiating future loans etc are not applicable.

I am eager to know,

1.What are all the paperwork involved in this
2 What are this things to take care.
3.The RC book will need to be updated, for that what needs to be done?

Please let me know what are all the things I should take care while doing this. I searched through this forum but I could not find much info on this. If anyone has done this please let me know your experience.

Thanks

/HKP

10th September 2007, 15:26	#1 (permalink)
HKP BHPian Join Date: Jan 2007 Location: Bangalore\ Now in US Posts: 63	Loan Closing - Some doubts. My Car loan from Standard chartered is going to get over in Jan 2008, But I am planning to close it by paying up. I will have to pay 5% extra as charges is what they have told me. The amount is not very huge in total and I have decided to do that. Std.Chartered has discontinued Car Loan product it seems so negotiating future loans etc are not applicable. I am eager to know, 1.What are all the paperwork involved in this 2 What are this things to take care. 3.The RC book will need to be updated, for that what needs to be done? Please let me know what are all the things I should take care while doing this. I searched through this forum but I could not find much info on this. If anyone has done this please let me know your experience. Thanks /HKP