Your Query: look for any clause that is pre-payment auto loan

Your Query: look for any clause that is pre-payment auto loan

That you are taking the responsibility of EMIs on his behalf if you want to help your brother with the loan, remember.

In an auto loan, will there be any clause?–Mayank that is pre-payment Bhardwaj

Yes, frequently there are prepayment limitations vehicle loans, particularly in the very first few years. But, the fees differ by loan provider, term expired, loan outstanding and your creditworthiness. Please browse the information on your vehicle loan sanction page to find the charges out. Weiterlesen