August 19, 2020
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How can you prepay a Loan against Property?
A Loan against Property from Manjira finance comes with a host of features and benefits including prepayment facility. If you are thinking what mortgage loan prepayment is, well, it signifies paying off a certain part of the principal amount over and above the EMIs.
To part prepay, pay an amount that is equal to or more than 1 EMI. Complete the process at zero prepayment charges.
Benefits of Prepayment
- Reduces the outstanding principal.
- Lowers either the EMIs or the loan tenure.
- Frees you from debts quickly.
Contact Manjira finance to understand Mortgage Loan meaning and how you can best benefit from it. Meet the Loan against Property eligibility and apply successfully.
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