Prepayment of Loan. The borrower can at time prepay the loan and there is no penalty for the same. Prepayment can be done in partial or full. However, the terms for partial fulfillment can be seen on the website and those terms are to be abided. Pre-payment cheques shall be deposited only along with the EMI cheque whether that is due in current month or ensuing month and interest shall be calculated per calendar month.
Appears in 6 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
