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prepayment lic hfl


Loan Faqs
Faq

Is there a prepayment penalty? :

Depending on the bank offering an educational loan, there is a prepayment penalty of 5% on the outstanding principal amount. There are some banks which do not have a prepayment penalty.
Faq

Can I prepay my loan? :

Yes, you can prepay the entire loan outstanding after paying 6 installments of availing the same. The Bank charges a prepayment penalty which varies from 2%-5 % paid at the time of preclosure (returning the money before the stipulated tenure of the loan). Prepayment charges as applicable would be...
Insurance
Life Insurance Corporation of India

Life Insurance Corporation of India

Life Insurance Corporation of India (LIC) is an old life insurance company in India. It is also the insurer with the largest customer base. The company was formed on 1st September, 1956, with the...
Life Insurance: Children Plan : Jeevan Kishore,   Child Career Plan,   Jeevan Chhaya,   CDA Endowment Vesting At 21,   Marriage Endowment Or Educational Annuity Plan,   CDA Endowment Vesting At 18,   Komal Jeevan,   Jeevan Anurag,   Child Future Plan,   Educational Annuity Plan,   Child Fortune Plus
Life Insurance: ULIP Plan : Fortune Plus ,   Profit Plus ,   Market Plus I ,   Money Plus - I


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