Legal Question in Banking Law in India
I have taken car loan from HDFC bank. I have paid 8 EMI regularly. My loan period is for 7 years.
I want to transfer my balance car loan EMIs HDFC bank to SBI bank. SBI is my salary accepting bank.
Asked on 12/02/15, 5:13 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
03.12.2015
Dear Sir / Madam,
You can either issue an SBI cheque monthly to HDFC bank towards your car loan EMI (equated monthly installment) or you can pay up and settle and close your HDFC Bank car loan.
Regards,
Answered on 12/02/15, 9:43 pm
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