I have taken home loan of Rs. 2400000/- from HDFC Limited in 2008. Currently there iexist a balance of app Rs. 300000/- .
I want to prepay this balance in one go through an account payee check of same bank wherefrom my monthly installments are coming. When I aproached the bank, they asked me for bank statement of last six months which I do not find justified.
I just want to understand if the HDFC Ltd is right is asking the last six month bank statement. It is a recorded trancsaction through bank accounts thus I could not understand about the appropriateness of the demand.
Requesting the Forum to enlighten me.
Thanks.
G P Mishra
