Question:

What is the Prepayment Penalty for Cent Doctor Scheme by Central Bank of India?

by Guest5003  |  12 years, 9 month(s) ago

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I want to know the Prepayment Penalty for Cent Doctor Scheme by Central Bank of India?

 Tags: bank, cent, Central, Doctor, India, penalty, prepayment, Scheme

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1 ANSWERS

  1. Guest6777
    If loan is prepaid from own sources or by genuine sale of the unit, no prepayment charges are levied. If loan is taken over by other Bank/FI, prepayment penalty is to be levied @ 1 % on loan outstanding on the date of such take over.

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