What we do for home loan pre closure
7 Things You Must Do Upon Your Home Loan Pre-Closure
Taking a huge debt in the form of a home loan can give the borrower sleepless nights. At any available opportunity, each one of us would want to be debt-free. With all your little savings and the money you earned on your Public Provident Fund (PPF) maturity, you finally have arranged enough funds to pre-close your home loan.
After you have cleared the debt to the bank, they will give you all your documents in original, including the sale deed and the mother deed. Ensure that all the documents given to the bank are returned., are in proper order and no paper is missing. After you have signed the acknowledgement receipt, the bank will not entertain you if any paper is missing.