YONO SBI Personal loan
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Is it possible to prepay YONO SBI personal loan availed via preapproved offer.
it is showing minimum repayment period as 36 months. instead i want to repay the same within 12 months.
so can i regularly pay EMI and then preclose at year end. what will be the charges.
anyone with Prior Experience with YONO SBI PERSONAL LOAN share ur views/experiences.
thanks
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https://www.desidime.com/discussions/yono-sbi-personal-loan?page=1#post_9219479
If i preclose after 12 months then it would result in 13% charges as per what u mentioned. thats hugeeeeeee😳
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https://www.desidime.com/discussions/yono-sbi-personal-loan?page=1#post_9220593
is emi auto Debit or not..!
Pay Your toatal loan amount except small amoun(if your total outstanding is 97000 then pay 96900) through yono pay next month it automatically Debit remaining 100 and loan will be closed
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No preclosure charges, buy you have to pay "EMI amount *no of Months remaining" amount. No reduction in interest or anything else.