No more prepayment penalty – Cheer for home loan borrowers!
Two mulled over and announced decisions by the National Housing Board on Wednesday, 19th Oct, 2011, will bring cheer to the home loan borrowers this Diwali! The decisions are the following: NHB (National Housing Board) has barred the housing finance companies (HFCs) from charging prepayment penalty on floating rate home loans. In case of the… Read More »