September 30, 2016
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2:20Now Playing
5:07Expert: Kartik Jhaveri, Founder and Director of Transcend Consulting (India) Private Limited.
Question: I took a home loan 2 years back from a private bank. However, I had not taken a copy of a loan agreement from them. Can I ask them to send me a copy of agreement? How important is it to have a copy of the agreement?
Answer: You are entitled to have a copy of every document you have signed. Request your bank to provide you your loan agreement because that document contains details like interest rates, original loan tenure etc.
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