Common use of Pre Closure Charges Clause in Contracts

Pre Closure Charges. Nil (As per the NHB guidelines, the company at its discretion will charge the pre-closure charges for the accounts sanctioned for the fixed roi under GRHS/LUH @ 2% plus applicable GST in case the loans are taken over by other banks / financial institutions). However, no pre-closure charges will be collected if the borrowers close the loans out of their own funds.

Appears in 4 contracts

Samples: Most Important Terms, Most Important Terms, canfinhomes.com

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Pre Closure Charges. Nil Xxx (As per the NHB / RBI guidelines, the company at its discretion will charge the pre-closure charges for the accounts sanctioned for the fixed roi under GRHS/LUH @ 2% plus applicable GST in case the loans are taken over by other banks / financial institutions). However, no pre-closure charges will be collected if the borrowers close the loans out of their own funds.

Appears in 1 contract

Samples: Most Important Terms

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