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ramesh (satyam)     22 February 2014

Guidelines for housing loan closure

Dear Sir,

 

This is ramesh. I took Home loan of 10,15,000Rs in ICIC bank in 2007.Its Floating  Interest 11.75.

I am paying EMI from last 7 Years and all most All i paid More than 7 lacks of Rupees till now.

Every Year i am paying 1,45,000 (Through EMIs) but Principal amount deducting  is only 2000rs for Year

But still Outstanding is more than 9.5 lacks  and I can’t bare  this Loan . I am looking for on e time settlement. Please advise me how to close this Loan

Thanks

Ramesh



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