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Ahana Kohli25 Feb 2020When you are ready to pay the amount to the lender of your existing loan in part or in full before the due date it is known as pre-closure. Many lenders offers to pre-close the loan that may or may not be chargeable. Before one applies for the loan, it is therefore important to carefully understand the charges being levied other than interest rate.
Check your Personal Loan Eligibility
To check how much loan you can get.
Personal loan preclosures