AlertsByVivek
KF Expert
I took home loan from HDFC, with a sanctioned amount of 45 lakh for a 10-year term.
The first disbursement was only 10 lakh. I have paid 4 EMIs, and it now shows 116 months remaining.
The builder is demanding an additional 5 lakh, so I requested a disbursement from the bank.
The bank reset my tenure to 120 months.
Is this legitimate, or should I ask them about it? I can pay a higher EMI as well.
The first disbursement was only 10 lakh. I have paid 4 EMIs, and it now shows 116 months remaining.
The builder is demanding an additional 5 lakh, so I requested a disbursement from the bank.
The bank reset my tenure to 120 months.
Is this legitimate, or should I ask them about it? I can pay a higher EMI as well.