InvestorQ : Can a borrower repay a loan against property ahead of his/her repayment schedule?
Ankit Patil made post

Can a borrower repay a loan against property ahead of his/her repayment schedule?

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Karim Sahu answered.
3 years ago
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Yes.

Prepayment of loan against property (LAP) is possible. In most case, there is no prepayment fee if you repay the loan after six months of availing the loan. Do note that this holds true only if you prepay the loan amount from your own source of funds without transferring the loan.

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