Pre Payment of Home Loan

I Have a Home Loan in Hdfc Bank and I want to Pre pay but I don't Find any Way to Pre Pay my Loan Via Online or Hdfc Home Loan App If anyone know the Way Plz Suggest me
 

ShavirB

Founder
Staff member
The way to prepay your home loan is you simply start paying more that your scheduled EMI. If the prepayment charges are zero, the loan outstanding will automatically keep reducing
 

ShavirB

Founder
Staff member
Just like you make a payment (RTGS, NEFT, IMPS) to a Bank Account, you can make payment to your Loan Account.. On the payments page, Just enter the Loan Account Number and transfer via NEFT, RTGS, etc.

If this doesn't work out, you can always email to customer care and ask for the payment link. Please note that the customer care make ask for bank statement. Also you can opt for this method only once a quarter
 

jdksl

KF Rookie
I Have a Home Loan in Hdfc Bank and I want to Pre pay but I don't Find any Way to Pre Pay my Loan Via Online or Hdfc Home Loan App If anyone know the Way Plz Suggest me
If HDFC Bank isn’t offering an easy online or app-based option, I’d suggest getting in touch with their customer service directly to inquire about any hidden features or possible alternatives.


In the meantime, if you’re looking to understand how much your new EMI might be after prepayment, you can use a home loan emi calculator to quickly estimate the change in your monthly payments based on the reduced loan amount
 
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