Cars Q&A
Hi,
By this time the loan giving bank should have followed about this as geerally they will be after the customer even if a single EMI is missed. However the total settlement will depend upon the money left during time of discontinueing, its interest, penal fee, processing fee etc.
How to manage kindly answer me?
Kindly answer to my above question?
Dear Mrs Rao,
The amount you are asking is varies on many things. The rate of interest, the amount you paid in EMI, the amount you left, the penalty calculated by the bank, the loan provider- whether its a nationalized bank or private bank and of course the balance principal amount once you stopped your payment. Its better to ask with your provider. Nobody other than your provider can give the exact reply or somebody from same field. Hope you will understand
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