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Yes, there are applicable personal loan prepayment charges. Pre-closure (also called foreclosure) and prepayment of personal loans may attract charges, depending on th...

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Hi, I can help you with: Is there any stamp duty on personal loan? Yes, stamp duty is applicable when availing a personal loan in India. Stamp duty is a government-imp...

Akanksha Shukla (law graduate)

May 19, 2025

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InCred allows borrowers to foreclose their personal loans, but certain conditions and charges apply.​ There is the imposition of Incred personal loan foreclosure charg...

Akanksha Shukla (law graduate)

May 19, 2025

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The personal loans might help you during financial challenges or when you need to make urgent payments. So, before you apply for it, you must know the personal loan ve...

Akanksha Shukla (law graduate)

May 19, 2025

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The balance transfer in personal loan is used when you move the outstanding balance of your loan from one bank to another. It happens when a different bank gives the r...

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