sbi car (auto) loan cancellation possible?
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Hi all,
My sister has booked a car loan with sbi and she signed the docs for loan on 28th sep..
Now she changed her mind,, can we cancel the loan ? If so how and what will be the penalty on it.
My sister has booked a car loan with sbi and she signed the docs for loan on 28th sep..
Now she changed her mind,, can we cancel the loan ? If so how and what will be the penalty on it.
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Read the signed docs. You will find the terms of cancellation there. Or you'll have to call SBI loan team and ask. Unless someone here has a cancellation experience with car loan and that too with SBI.