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What recourse to be taken on high interest rates?- Property Hotline
Posted
July 8, 2016
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6
July 8, 2016
6
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4:38Now PlayingBe Un Confused
Expert: Harshil Mehta, CEO of DHFL.
Question: I have taken a loan from PNB in 2007 and later it was transferred to HDFC. I’m paying 12.9% Interest Rate which is not acceptable. What should I do?
Answer: You need to transfer the loan. Other banks in which you will try to transfer the loan will check you repayment track record, so you need to keep repayment track clean. By keeping a clean track they can also offer a top-up loan and if you are running some other loans you can use this top-up money to repay these loans.
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